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The TED Spread

Forget following the plunging Dow Index -- it's the Ted Spread that really matters.

Last updated on July 3, 2018, at 10:28 a.m. ET

Posted on October 10, 2008, at 10:31 a.m. ET

Even scarier than the nastily named VIX, the Ted is a measure of credit risk. The higher the number, the more screwed the economy is, and it's on the rise.

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