What is the best way to hedge Libor

Discussion in 'Trading' started by ivanbaj, May 18, 2009.

  1. Which instrument tracks Libor? Many adjustable mortgages are based on it. The rate is very low right now. I want to lock this tare via a hedge.
  2. MTE


  3. I found this info:

    "The Chicago Mercantile Exchange's Eurodollar contracts are based on three-month US dollar LIBOR rates."

    The Eurodollar might be the best for this.