With SOFR at 4.04% and IORB at 3.9% on October 30, the spread between them was 14 bps, which was slightly narrower than on October 28, when it reached 16 bps. Read more here.
One of the harder transitions that I have to make when investing a basket of very diversified equities is to consider how fundamentally tethered they are to reality. If you invest in 10 stocks and ...