X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

An analysis by the Wall Street Journal of the daily rate estimates submitted by banks that are used to calculate Libor shows the daily submissions are often slow to change and some banks’ quotes don’t correlate that well with their credit-default swaps, both indications the rate may not be working as it is supposed to.

treasuryandrisk

T&R Express

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.