Invesco
August 19, 2016
Invesco is an investment management firm that believes in putting investors first.

What’s behind the recent rise in US dollar Libor?

We examine the cause of the recent rise and its likely beneficiaries

By Rob Corner, Senior Client Portfolio Manager

US dollar Libor (London Interbank Offered Rate denominated in US dollars) spiked recently to its highest level in seven years. Typically, US dollar Libor jumps during times of market stress, and/or when the US Federal Reserve tightens monetary policy. However, Invesco Fixed Income believes the recent increase in Libor is due to neither of those circumstances.

What’s going on with Libor?

Continue reading ...

More from Invesco