Super Cop to the Rescue
Posted by Jordan Crouch on March 31, 2008
Here are a few random thoughts on Monday.
- Hank Paulson, the Treasury Secretary, proposed a new arrangement for US financial regulation over the weekend. This “super cop” structure will be the largest change in the financial sector since the Great Depression.
- Spreads on commercial loans are continuing to rise. Most life companies are quoting 300+ basis points on a ten year loan. Five and seven year loans currently have the best interest rates.
- Lenders are not allowing for lease up risk or pushing loan dollars, meaning lenders are continuing to take only the best loans.
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Rates: |
TODAY |
Last Mth |
Last Year |
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5 Yr T-Bill: |
2.45% |
2.47% |
4.54% |
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10 Yr T-Bill: |
3.42% |
3.51% |
4.65% |
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LIBOR-30 Day |
2.70% |
3.11% |
5.32% |
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10 Yr T-Bill Last week’s range: |
3.45% – 3.54% |
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YTD high: |
3.98% |
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YTD low: |
3.28% |
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