LIBOR & Ted Spread Chart (05/21/2010)

I post the LIBOR every Fridays. Just type Libor in search box (it is located on top left corner). You can see Libor charts.

LIBOR-OIS (USD SWAP) Chart:
LIBOR USD 3M Chart:

Ted Spread Chart:

LIBOR and Ted Spread are rising. As a financial analyst they make me worry. If Europe crisis was improving we should witness decline in Libor. To me Libor is the canary in a coal mine. The Euro zone crisis just started and it is not going to get fix anytime soon. They lack fiscal policy and as long as they could not come out with a regime that controls fiscal policy and monetary policy they are not going to come out of the ditch.