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Thursday, April 10, 2008

Krugman: Crisis "Not Over Yet"

by Calculated Risk on 4/10/2008 05:17:00 PM

TED Spread from BloombergThis is the TED spread for April 10th from Bloomberg.

Professor Krugman writes Not over yet
"Gurk. The TED spread is up again. So is the LIBOR-OIS spread."
A2/P2 SpreadAnd the A2/P2 spread from the Fed weekly commercial paper is still very high.

No wonder Krugman is worried.