Fannie Mae-No Politics (FNMA)

[Monty-2121]

htt:/https://www.bloomberg.com/news/articles/2019-04-03/this-libor-successor-is-growing-up-but-still-hasn-t-come-of-age/www.bloomberg.com/news/articles/2019-04-03/this-libor-successor-is-growing-up-but-still-hasn-t-come-of-age Is Treasury waiting on Sofr over take the Libor and the Dollar the World Currency?
The New York Federal Reserve on Tuesday will begin to publish the Secured Overnight Financing Rate (SOFR), a rate that regulators hope will eventually be adopted to back U.S. dollar-based derivatives and loans. The aim is that the new rate will eventually reduce markets’ dependence on Libor.