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Rates & Commentary

Key Rates
Fed Funds Effective 0.060%
1 Month Libor 0.073%
Secured Overnight Financing Rate (SOFR) 0.010%
Sterling Overnight Index Average (SONIA) 0.050%
Dow Jones Industrial Average (DJIA) 34,299
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 0.03%
  Tier 2 | $500,000 - $9,999,999.99 0.05%
  Tier 3 | $10,000,000 and up 0.07%
Cash Management 0.01%
Perpetual Contributed Capital – Previous Month 0.50%
Overnight Loan Rate 1.00%

Daily Commentary

June 18, 2021

Prospective home sellers who sat tight as U.S. prices climbed higher and faster than ever during the pandemic are finally emerging to cash out, a step toward easing a dire shortage in the frenzied housing market.

Full Commentary

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