Hot sectors in a tepid recovery
The energy, finance, technology and healthcare industries are expected to be the hottest areas for dealmaking in 2010. Full Article | Full Coverage
U.S. bank 3-month funding rates at 2.8046 pct-ICAP
NEW YORK, July 9 (Reuters) - Three-month borrowing rates for U.S. banks fell to 2.8046 percent on Wednesday from 2.8054 percent on Tuesday, according to ICAP's New York Funding Rate.
ICAP's three-month NYFR USNYFR3M= compares with a three-month dollar-denominated London interbank offered rate USD3MFSR= of 2.79188 percent.
But ICAP's one-month NYFR USNYFR1M= rose to 2.4800 percent from 2.4769 percent on Tuesday, it said. That compares with a one-month dollar-denominated Libor rate USD1MFSR= of 2.45875 percent on Wednesday. (Reporting by Richard Leong; Editing by James Dalgleish)
