Wanna See A Super-Scary Blast From The Past? Check Out The TED Spread

Remember this one from the crisis days? Everyone started talking about the TED Spread — the spread between interbank lending and short term debt.

It spiked like crazy in late 2008 and then we hardly ever heard from it.

Well…. (From Bloomberg)

chart

Photo: Bloomberg

Here’s a longer-term chart to put things into perspective:

chart

Photo: Bloomberg

Ok, so we’re way off old levels. But it feels like things are starting to rumble.

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