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Rates & Commentary

Key Rates
Fed Funds Effective 4.330%
1 Month Libor 4.960%
Secured Overnight Financing Rate (SOFR) 4.280%
Sterling Overnight Index Average (SONIA) 4.700%
Dow Jones Industrial Average (DJIA) 43,155
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 4.25%
  Tier 2 | $500,000 - $9,999,999.99 4.40%
  Tier 3 | $10,000,000 and up 4.50%
Cash Management 0.75%
Perpetual Contributed Capital – Previous Month 5.50%
Overnight Loan Rate 5.00%

Daily Commentary

January 16, 2025

Concern over the debt impact of Donald Trump’s economic agenda has percolated through the market. 

Full Commentary