Some interests are going up: Google "TED Spread". Also, note that 3 month Treasury securities, the safest investments in the world, have been selling to yield l

Some interests are going up: Google "TED Spread". Also, note that 3 month Treasury securities, the safest investments in the world, have been selling to yield less than 1%. LIBOR - the "prime" rate for loans between banks, hit over 5% - for 1 day loans! Banks are very scared of lending to other banks, because they don't have any idea whether the other guy is broke.