Loading ...On October 29, Goldman warned that “all hell is about to break loose in the repo market.” Since then, the SOFR rate (Secured Overnight Financing Rate) has gone from @4.82% to 4.59%. And the 10 year bond, in that time frame, has gone from @4.27% to 4.46%.
So, is a lot of this recent action, a huge proactive move (on the part of European and Asian) entities to mitigate their projected risk before Trump gets into office, or is this something else????