Cointime reports: The secured overnight financing rate (SOFR) stood at 3.94% on Nov. 4, the prior trading day, down from 3.97% a day earlier. The effective federal funds rate was 3.88% on the same day, unchanged from the previous day. The reading came as midterm election results showed Democrats sweeping both the Senate and the House.
SOFR Falls to 3.94% on Nov. 4 as Fed Funds Rate Holds at 3.88%
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