Dollar funding costs dip in Asia on Monday, although falling eurodollar futures and wider swap spreads reflect the lingering scepticism and risk-aversion in markets that has driven U.S. Treasury yields down this week.
* In Singapore, 3-month dollars are quoted at 1.1025 percent, down from 1.12 percent on Thursday and within striking distance of this year's trough at 1.09 percent in mid-January.
* In Singapore, 3-month dollars are quoted at 1.1025 percent, down from 1.12 percent on Thursday and within striking distance of this year's trough at 1.09 percent in mid-January.
* Eurodollar futures EDZ9 meanwhile move down, notwithstanding the rally in stocks and dip in dollar funding costs, with December eurodollar futures pricing 3-month LIBOR at 1.28.
