Mutkin on Libor

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May 28 (Bloomberg) -- Laurence Mutkin, head of European rate strategy at Morgan Stanley, talks with Bloomberg's Andrea Catherwood about the sovereign debt crisis and outlook for money markets. Libor, or the London interbank offered rate, the benchmark for $360 trillion of financial products from mortgages to company borrowing costs, rose for a 12th consecutive day on May 26 and to the highest level since July. The rate was unchanged yesterday. (Source: Bloomberg)

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