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Monday, November 3, 2008

1 and 3 Month Libor Rates 11/03/08

It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 11/03/08, are: 1 Month Libor Rate - 2.31% & 3 Month Libor Rate - 2.86%. The overnight Libor rate is 0.39%. Libor rates have sunk for the past week, especially after Bill Gross came on CNBC Monday and predicted Libor to fall!

This has been a major reason why the stock market has rallied so much this week.Compare today's Libor rates to yesterdays Libor rates.

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