3 Reasons for the Rising LIBOR
This article was originally published on ETFTrends.com.
The London Interbank Offered Rate (LIBOR) is the average interbank interest rate at which a selection of banks on the London money market are prepared to lend to one another, and are offered in seven maturities (from overnight to 12 months) and in five different currencies. Related: 3 Bond ETFs to Position for Higher Interest Rates [...]