This page provides key rates and spreads for measuring liquidity in the credit and debt markets. Other essential rates can be found on the CNBC Bonds and Markets pages.
The TED spread is the difference between interbank loans and U.S. government loans. It serves as an indicator of the bank sector's willingness to lend to one another. (The acronym comes from a combination of Treasury and Euro Dollar).
LIBOR is the London Interbank Offered Rate, the interest rate at which banks are willing to lend to one another.
Interest Rate Swaps are derivatives that trade interest rate payments for cash flows. The rate quoted here is the difference between the rate for a 2-year swap and the 2-year Treasury yield.
Mad Money host Jim Cramer weighs in on today's market decline. If the market throws a few more "sales," a lot of buyers will be happy paying the discounted price, he adds.
Wednesday, 11 Dec 2013 | 3:39 PM ET
CNBC's Jane Wells reads the fine print of the Congressional Budget Office report and reveals the CBO broke the country into five tiers of wage earners. The top 20 percent pay nearly 93 percent of all income taxes, according to the report. At the same time, their incomes are growing far faster than everyone else.
Wednesday, 11 Dec 2013 | 12:00 PM ET
Gold will go down as the worst trade of the year. Rick Rule, Sprott U.S. Holdings Chairman is sticking by the metal. He says for the fundamental investor, gold makes a great trade.