US Secured Overnight Financing Rate 3.89%, Up 1BP From Prior
The US secured overnight financing rate was 3.89% on Oct. 15, up 1BP versus the prior reading.
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The US secured overnight financing rate was 3.89% on Oct. 15, up 1BP versus the prior reading.
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con