Libor vs. Shibor spread spiking again and now at its highest level since the GFC!
You think the Fed is turning dovish?
The PBOC has taken it to a whole new level.
At the current policy rate differential, USDCNY should be well above 7 already.
Libor vs. Shibor spread spiking again and now at its highest level since the GFC!
You think the Fed is turning dovish?
The PBOC has taken it to a whole new level.
At the current policy rate differential, USDCNY should be well above 7 already.