I found the current spread to be 250bps. But correct me if I'm wrong. Either way, the spread is over 200bps. as of last Friday. 1. What's the normal spread for LIBOR OIS ? And how useful is it for individuals to follow.
Conformation of the obvious.........a "low" spread is indicative of confidence. A "high" spread is indicative of fear. Because the spread tends to oscillate, there really isn't a "normal" level for it. You could look at historical charts to see what happened during past crises.