News & Events

view all news

Rates & Commentary

Key Rates
Fed Funds Effective 4.580%
1 Month Libor 4.575%
Secured Overnight Financing Rate (SOFR) 4.560%
Sterling Overnight Index Average (SONIA) 3.927%
Dow Jones Industrial Average (DJIA) 33,918
Millennium Rates
Managed Liquidity
  Tier 1 | $100,000 - $499,999.99 3.90%
  Tier 2 | $500,000 - $9,999,999.99 4.05%
  Tier 3 | $10,000,000 and up 4.20%
Cash Management 0.50%
Perpetual Contributed Capital – Previous Month 4.75%
Overnight Loan Rate 5.50%

Daily Commentary

February 3, 2023

We expect the January jobs report to show a slowdown in hiring, but the pace will still be too fast for a labor market that policymakers are trying to steady.

Full Commentary

Today, Tomorrow, Together