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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 …
SOFR Volume is shockingly at $3.41 trillion! The recent spike is reminiscent of past crises where there was a sudden surge in demand for overnight REPO liquidity in the banking system right before something blew up. We can see the …
Today marks the end of QT and we already have signs that QE is right around the corner as the market forces the Fed's hand – SOFR 12bps above upper bound of Fed funds target range while standing repo facility …
$VIX down -44% in 5 days.Be fearful when others are greedy. — kpak (@kpak82) November 28, 2025 25% of the ~$3.2 trillion ($800bln) being financed via SOFR has been borrowed above the Fed’s upper bound …for almost three weeks now …
SOFR rate is plunging which means liquidity is flush throughout the system. Ignore all of the other noise around $2000 stimmies and the end of the shutdown. This surge in liquidity alone will push equities and gold higher at least …
The Fed has wrecked our financial markets: secured overnight financing is now almost triple where it was pre-pandemic and this essentially must keep increasing or things will start to break; the Fed is barely able to hold its house of …
Is hidden funding crisis unraveling? If Trump’s announcement today of a 90-day tariff pause was truly bullish and risk-on, why did we see 10Y yields spike to 4.50%+, SOFR swap spreads collapse to -40.62, gold rip $107 intraday, junk bond …
by Chris Black Last Friday the Secured Overnight Financing Rate (SOFR), a repo rate serving as the Fed’s new target reference rate , jumped 6 basis points (6 bps, 0.06) to above the Fed’s target range… Continue reading by subscribing. …