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This Is What Happened To LIBOR During The COVID Crisis

Odd Lots

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Navigating LIBOR Changes Amidst COVID-19

This chapter reflects on the challenges of transitioning away from LIBOR in the wake of market volatility due to the COVID crisis. The speakers analyze the implications of LIBOR's recent behaviors and its significance as a barometer for financial stability, drawing parallels to the 2008 financial crisis. The discussion emphasizes the complexities of interest rate adjustments and their impact on the broader banking system and economic recovery.

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