According to Wallstreetcn, the Secured Overnight Financing Rate (SOFR) was 3.85% on the previous trading day, unchanged from 3.85% the day before, while the effective federal funds rate was 3.88%, also unchanged from 3.88% the day before.
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U.S. SOFR Holds at 3.85%, Effective Fed Funds Rate at 3.88%
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