Have Regulators Really Defused The Year-End $230 Trillion LIBOR Derivative Time-Bomb?
Dec 30th 2021 6:00pm EST
Have Regulators Really Defused The Year-End $230 Trillion LIBOR Derivative Time-Bomb? Years ago, we predicted that the Fed’s commitment to phase out Libor, the interest rate set by committee (not market forces) that had come to undergird trillions of dollars in loans and securities around the world, would ultimately prove unsuccessful. Now, as the FT […]
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