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Rates & Commentary

Key Rates
Fed Funds Effective 1.580%
1 Month Libor 1.616%
Secured Overnight Financing Rate (SOFR) 1.590%
Sterling Overnight Index Average (SONIA) 0.711%
Dow Jones Industrial Average (DJIA) 27,341
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 1.25%
  Tier 2 | $500,000 - $9,999,999.99 1.35%
  Tier 3 | $10,000,000 and up 1.45%
Cash Management 0.25%
Perpetual Contributed Capital – Previous Month 2.05%
Overnight Loan Rate 2.50%

Daily Commentary

February 19, 2020

U.S. new-home construction remained robust in January and applications to build jumped to the highest level since 2007 as low mortgage rates and a solid labor market continued to fuel housing demand.

Full Commentary

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