The SOFR and the Fed’s influence over market interest rates
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DOI: 10.1016/j.econlet.2021.110095
Abstract: Abstract The secured overnight financing rate (SOFR) is the successor to LIBOR (London interbank offered rate) as a benchmark rate for lending in US dollars. Our results show that the SOFR aligns with the Federal… read more here.
Keywords: market; influence market; rate; sofr fed ... See more keywords