Three-month Libor falls 20 BPs to 2.51% today, down from 4.82% on Oct. 10. Still, the rate...

|By:, SA News Editor
Three-month Libor falls 20 BPs to 2.51% today, down from 4.82% on Oct. 10. Still, the rate remains 151 BPs higher than the Fed's target of 1% - compared to its average spread of just 22 BPs.