Wednesday Chart Check Part 2 (Funding Crunch, Chinese Style)
Overnight, we got still more evidence that China's efforts to curb capital flight are having a demonstrable effect on offshore yuan liquidity.
For anyone who is still somehow unconvinced, monitoring these money market rates is now mandatory if you want to have any hope of staying up to speed.
Keep yourself apprised so you don't end up woefully behind the curve and whatever you do, don't listen to anyone who says you shouldn't concern yourself with a couple of basis points here or there in mar
How do I monitor the HIBOR free on the web?
http://www.global-rates.com/interest-rates/libor/american-dollar/usd-libor-interest-rate-overnight.aspx
https://www.bochk.com/en/investment/rates/cnyhibor.html