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In that year, the average spread between bonds and loans was 0.89 percentage points.
The average spread between the rate banks offer on savings deposits and the rate at which they extend typical mortgage loans hit a peak of 2.4 percentage points in February, and it has hardly dropped since (see chart).
For the first time since late 2002, the average spread between high-yield corporate bonds and Treasuries now exceeds 1,000 basis points which, for an individual bond, usually earns it the title "distressed", implying a probability of nearly 25% of default within the following 12 months.No doubt some of that average spread reflects the lack of liquidity in today's financial markets.
A fund that sees both $2.5 million a day in trades and an average spread between bid and ask of 0.1% will be comfortably within reach of an honor grade for liquidity.
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The average spread, or the gap between the prices that sellers receive for their shares and the amount that buyers must pay, has fallen to 4.1 cents a share on the Nasdaq, compared with 4.7 cents on the Big Board.
That compares with an average spread of just 0.46% between 2004 and 2007.
Where British battleships by the end of 1917 generally managed a rate of fire per salvo of 40 seconds or less, and an average spread (that is, the distance measured between the closest and furthest shots in a salvo) of 300-500 yards, the four ships of the American squadron proved both slow and inaccurate.
In Jan . 2002 the average yield spread between Moody's Aaa- and Baa-rated debt stood at 1.32%, but has narrowed to 1.03%.
Since the angular stress distance between the two clusters is larger than the sum of the average spreads of these clusters, it is likely that the two stress states are distinguished.
The collision energy is an average collision energy spread between 20 eV, 35 eV and 50 eV.
American banks' average net interest margin the spread between what they pay depositors and charge borrowers has fallen to its lowest level since 1991 as banks scramble to reduce their reliance on fickle wholesale markets by raising the rates they offer to depositors.Investment banks, meanwhile, face a slowdown in a number of businesses, from advising on mergers to equity underwriting.
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