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Rates & Commentary

Key Rates
Fed Funds Effective 0.070%
1 Month Libor 0.116%
Secured Overnight Financing Rate (SOFR) 0.010%
Sterling Overnight Index Average (SONIA) 0.048%
Dow Jones Industrial Average (DJIA) 34,185
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

April 16, 2021

Residential starts jumped 19.4% last month to a 1.74 million annualized rate, according to government data released Friday. The median estimate in a Bloomberg survey called for a 1.61 million pace.

Full Commentary

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