Freddie’s Move to SOFR Got You Rattled? Relax.
Last Week: Interest rates ended the week about where they started, as equities traded higher. The yield on the benchmark US 10-year Treasury note dipped two basis points to 1.57%, after plumbing the lower end of its recent range earlier in the week, while 1-month LIBOR rose 1 basis point to 1.66%. A flight-to-quality move […]