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Credit Spreads
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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.

Notes:
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.


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