Money Market Update
SOFR volumes top $2 trillion for the first time after quarter-end pressures cause repo activity and rates to spike. meanwhile, the MOVE index (bond volatility) finally rises on a bear steepener
Greetings to our new readers. Our infographic marathon has concluded (for real this time!). In the next article, we’ll explain our latest creations in more detail and follow up on The Repo Market Rewire. This topic is particularly elaborate, so it required a lot more graphical work than usual. We expect to have all parts of the repo market covered by the end of April and then get back to covering a wider variety of topics in other markets. Feel free to suggest some in the comments.
Now, onto the money market update…