tag:blogger.com,1999:blog-1523319707289548972.post5902285881540902782..comments2023-09-26T11:49:31.690-04:00Comments on Cobra's Market View: 10/06/2008 Market Recap: Market Bottomed?Cobrahttp://www.blogger.com/profile/09332879456290234613noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1523319707289548972.post-73499487617408634292008-10-07T13:45:00.000-04:002008-10-07T13:45:00.000-04:00Your idea of LIBOR and UST3M Spread (also known as...Your idea of LIBOR and UST3M Spread (also known as TED Spread) is conceptually correct. However, you may not be aware that the $LIBOR in Stockcharts is NOT the LIBOR yield itself! It has the opposite correlation with the rate, just like the relationship between $UST and $TNX. So your $LIBOR:$UST1M ratio is misleading. Stockcharts has no chart to represent 3 months Treasury Bill. So I use BIL (an Anonymousnoreply@blogger.com