It seems as though everyone is watching Libor rates these days. Today's Libor Rates for 11/04/08, are: 1 Month Libor Rate - 2.18% & 3 Month Libor Rate - 2.71%. The overnight Libor rate is 0.38%. Libor rates have sunk for the past week, especially after Bill Gross came on CNBC Monday and predicted Libor to fall! These Libor Rates have fallen for 7 straight days and look at what the stock market has done since Libor started falling. Up big! Click here to view yesterdays Libor rates.
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