"NEW YORK (CNNMoney.com) -- Seized up credit markets began to see the first small signs of easing Friday but anxiety over the long-term prospects for recovery is keeping lenders mostly sidelined.
The overnight interbank lending rate, known as Libor, fell by half, suggesting that banks are becoming more willing to lend to each other in the very near term. The longer-term three-month rate, however, continued to rise, hitting its highest level this year."
Is the easing of short-term rates a good sign? Also, the Dow found support at 8100 just before noon, and at 8200 a few minutes ago. A brave rally, long may it last.
