August 19, 2016
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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?
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.
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What’s behind the recent rise in US dollar Libor? on Invesco US Blog
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