The flattening of the LIBOR that I highlighted over the weekend was but a temporary state.. it has resumed it's upward progression.
Current LIBOR
Now, naturally, the LIBOR is a manipulated number.. it's set as a consensus (average) figure by a number of top banks. As such it's likely to be subject to political machinations.
So how's the VIX going? GAP, GAP, GAP - up.
VIX Chart
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