Secured Overnight Financing Rate (SOFR) falls to 3.64%, its lowest level since 2022

SOFR reflects the cost of overnight borrowing collateralized by Treasuries. When SOFR drops, it usually signals: Excess cash in the repo market Lower demand for overnight borrowing More Treasury collateral available Money‑market funds accepting lower yields ecb also already started QEhttps://t.co/xcMp97Zo8Z — Filip Spasevski (@FilipsMoneyX) January 13, 2026

Park Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels

by scott_jr Welp .. another crack in the commercial real estate industry that’s only going to get worse in the near future. Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that, starting in June, it ceased making payments toward the $725 million non-recourse CMBS loan which …

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