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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>Fall in Libor May Overstate Improvement in Interbank Lending Market | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="UQf4ByBIIP"&gt;&lt;a href="https://www.nakedcapitalism.com/2009/05/fall-in-libor-may-overstate-improvement.html"&gt;Fall in Libor May Overstate Improvement in Interbank Lending Market&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2009/05/fall-in-libor-may-overstate-improvement.html/embed#?secret=UQf4ByBIIP" width="600" height="338" title="&#x201C;Fall in Libor May Overstate Improvement in Interbank Lending Market&#x201D; &#x2014; naked capitalism" data-secret="UQf4ByBIIP" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>An interesting piece in Bloomberg contends that the record low level of Libor, which would say that everything is hunky dory as far as banks lending to each other is concerned, is in fact giving a misleading picture. The spread among rates quoted is close to its highest level for the year, indicating some banks [&hellip;]</description></oembed>

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