By Finance Pulse in Federal Reserve —

SOFR Rises to 4.40%, Matching Reserve Balance Rate

The Secured Overnight Financing Rate (SOFR) has climbed to 4.40% from 4.31%, aligning with the Federal Reserve's interest on reserve balances rate. Explore the impact on the repo market.

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SOFR Rises to 4.40%, Matching Reserve Balance Rate

The Secured Overnight Financing Rate increased to 4.40% from 4.31%, aligning with the interest on reserve balances rate.

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