3-month Dollar and Sterling Libor edge lower. The 3-month dollar Libor was fixed at 2.153%, versus 2.173% Wednesday and the spread over OIS held nearly stable, widening to 173 bp from 172 bp yesterday. Overnight dollar Libor was fixed at 0.444, compared to 0.438 Wednesday. Meanwhile, the Sterling 3-month Libor was fixed at 4.069%, still 107 bp above the BoE repo rate but coming down gradually as U.K. interbank lending conditions continue to improve, and compared to 4.098% yesterday.