Libor rates resumed their downward path Tuesday, with three-month rates down 2 BPs to 2.22% and...

|By:, SA News Editor
Libor rates resumed their downward path Tuesday, with three-month rates down 2 BPs to 2.22% and one-month lending down 2 BPs to 1.45%. Overnight Libor was steady at 0.4%, well below the fed funds target of 1%.