The prior Global Debt to GDP post made me dig up this excellent chart from Ron Griess of The Chart Store. It shows the 2007-09 crisis was unprecedented in what it did to credit spreads between the US and Europe:


Chart courtesy of The Chart Store

Category: Bailouts, Credit, Fixed Income/Interest Rates

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

7 Responses to “LIBOR/Treasury Spread, 1987-2010”

  1. SINGER says:

    I don’t know what is crazier… how high the spreads got or how much they’ve come in…

  2. colin says:

    Im not sure what you mean by credit spreads between US and Europe. Libor is an inter-bank rate, not a US-Europe spread indicator…

  3. mark says:

    OT: Uh, oh. Get out the magazine indicator -

    Or is Newsweek so irrelevant that it doesn’t count?

  4. I-Man says:


    Now what lurking in the periphery might help usher in a little LIBOR reversion?

  5. [...] 2008 really was a bad year for credit [...]