Note that three-month LIBOR / SOFR correlate almost perfectly with the Federal Funds Rate with correlation coefficients of 0.99 and 1.00 respectively, on a daily basis. Data source: Bloomberg ...

Conversely, LIBOR was based on banks' estimates of the interest rates they would charge each ... has a very similar total return to the SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) and the iShares ...

Duration exposure was the largest detractor from performance as rates moved sharply higher over the quarter. Read more here.

Long-term interest rates back off, while short-term indicators stay strong. Learn why inflation and consumer spending trends slow down amid a strong US dollar.

Bloomberg Industrial ... 4.29% Secured Overnight Financing Rate (SOFR), down -0.01% w/w. The TED Spread has been discontinued, and as of last September, so was LIBOR. At the suggestion of a ...

On October 1, 2024, the United Kingdom Financial Conduct Authority (UK FCA) phased out ‘Zombie’ LIBOR, as a transitional benchmark, with the move to alternative “risk-free” rates.

Federal Reserve Bank of Dallas President Lorie Logan urged policymakers to remain cautious in the coming months, reiterating ...

Romania’s central bank is likely to hold interest rates for a fourth meeting as risks to its inflation forecast pile up from ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...

Remember Libor? For decades, the London interbank offered rate was the benchmark for pricing a wide variety of loans, including adjustable-rate mortgages. But over recent years, it’s been ...