Three-month Libor rose 2 BPs to 2.15%, the first time the cost of interbank lending has climbed...

|By:, SA News Editor
Three-month Libor rose 2 BPs to 2.15%, the first time the cost of interbank lending has climbed in 24 days. Overnight lending was up 2 BPs to 0.4%, still 0.6% cheaper than the Fed's target rate.