1-M HIBOR vs. LIBOR rates now at lowest level since 2007! The ten year yield is only 18 bps above the overnight rate
1-M HIBOR vs. LIBOR rates now at lowest level since 2007! Interesting how same spread disparity also corresponded with the market top for HK stocks. Note: HSI index peaked in 2018, and it’s now re-testing the upper bound of a …