Slightly confused low level boob looking for clarification regarding $one;$ted (4.12) in your chart Peter Pumpkinhead...err what is it?
I am familiar with the TED spread, Eurodollar LIBOR - T Bill but on my trusty bloomberg charts its about 25BP (and rising)...agree completely though as being a useful indicator.
http://www.bloomberg.com/apps/quote?ticker=.TEDSP:IND
Slightly confused low level boob looking for clarification...
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