Today we have ultra low interest rates. This forces investors to look for assets which have some level of return. With this, comes added risk. So-called riskless assets have low or negative rates, which has caused a greater appetite for risk taking. As these investors pile further and further into riskier assets and as more leverage is used, the fragility of the system will be exposed and will end horribly for those stretching themselves beyond their means.
3-Month London Interbank Offered Rate (LIBOR), based on U.S. Dollar | FRED | St. Louis Fed
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