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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John Pitera who wrote (88953)10/22/2008 10:23:10 PM
From: ajtj99  Read Replies (3) of 116555
 
Ted Spread of 2.50 is still very high the past year. I can't recall ever having it before this summer.

It's coming down, which is good, but we have a ways to go yet before we're out of the woods on the Ted Spread. It needs to get under 1.0

Tomorrow they settle the WaMu Credit Default Swaps. I believe that's the last biggie.
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