Spot swap curve

[BldSwtTrs]

Is it possible to have a Libor 3 months spot swap curve with maturities ranging from 2 weeks to 30 years?
If so, I don’t understand what’s the meaning of, for example the point that is plotted above 10 year. Because to me this rate looks like a forward rate and not a spot rate.

 

[OneinTen]

Hi, I don’t understand what you mean.
In a LIBOR spot rate curve, you will have the spot rates ranging from eg. 2 weeks to 30 years (the curve). These spot rates are not
the same as forward rates.
In a plain vanilla 10 year IRS (fixed-for-floating), the floating rate is based on a floating benchmark, such as for eg.
the USD 3 month LIBOR. Hope this helps