1 and 3 Month Libor Rates 10/29/08

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 10/29/08, are: 1 Month Libor Rate - 3.12% & 3 Month Libor Rate - 3.42%. The overnight Libor rate is 1.14%.

If you compare these Libor rates to yesterdays libor rates, they are much much better! These Libor rates were just priced at 7:45am Est and you saw the stock market futures jumped on this news, reversing their losses. Here are Bill Gross's comments on Libor this week.

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