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Libor for Dollars Widens Again ; Climbs Above 0.50%
Wall Street Pit
Posted on May 24, 2010 at 09:52 AM EDT
The dollar 3-month LIBOR/OIS spread moved sharply wider Monday, rising above 0.5 percent for the first time in 10 months amid concern that the creditworthiness of financial institutions is deteriorating.
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