--- title: "Wells Fargo: It is expected that after the debt ceiling issue of the Trump administration is resolved, SOFR will be higher than the federal funds rate" description: "Wells Fargo strategists expect that after resolving the debt ceiling issue of the Trump administration, the Secured Overnight Financing Rate (SOFR) may remain above the federal funds rate in late 2025" type: "news" locale: "en" url: "https://longbridge.com/en/news/245474147.md" published_at: "2025-06-20T14:23:39.000Z" --- # Wells Fargo: It is expected that after the debt ceiling issue of the Trump administration is resolved, SOFR will be higher than the federal funds rate > Wells Fargo strategists expect that after resolving the debt ceiling issue of the Trump administration, the Secured Overnight Financing Rate (SOFR) may remain above the federal funds rate in late 2025. The debt ceiling resolution is expected to be approved by Congress before August 1, with a deadline in early September Wells Fargo strategists Angelo Manolatos and Jack Boswell stated in a report that once the debt ceiling issue is resolved and the Treasury releases a large supply of short-term bills to rebuild its cash balance, the secured overnight financing rate (SOFR) is likely to be more consistently equal to or above the federal funds rate later in 2025. The Wells Fargo economic team expects the debt ceiling resolution to be reached before August 1 (with Congress raising it), but the deadline (X-Date) is around early September ### Related Stocks - [WFC.US - Wells Fargo](https://longbridge.com/en/quote/WFC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | LIVE MARKETS-Gold has been quite a story, but here's how the next chapters read to WFII | Gold has surged over 65% in 2025, reaching a record high of $4,381.21, but has since seen an 11% pullback. Wells Fargo I | [Link](https://longbridge.com/en/news/265384132.md) | | A $3 Billion Wells Fargo Team That Focuses On Aging And Holds Family Webinars | The Roseate Group, a $3 billion wealth management team at Wells Fargo Advisors based in Charleston, manages 300 families | [Link](https://longbridge.com/en/news/265554366.md) | | SolarEdge Technologies Q4 Earnings Report: What Investors Need to Know | SolarEdge Technologies (NASDAQ:SEDG) reported Q4 earnings on February 18, 2026, beating estimates by 64.1% with an EPS o | [Link](https://longbridge.com/en/news/276229789.md) | | Ingalls & Snyder LLC Sells 6,891 Shares of Oracle Corporation $ORCL | Ingalls & Snyder LLC reduced its stake in Oracle Corporation (NYSE:ORCL) by 12.9% in Q3, selling 6,891 shares, leaving t | [Link](https://longbridge.com/en/news/276218440.md) | | BUZZ-Hecla Mining up after upbeat results, Casa Berardi sale announcement | Hecla Mining shares rose 5.6% premarket to $22.43 following a strong Q4 report, with revenue up 83% year-over-year to $4 | [Link](https://longbridge.com/en/news/276217251.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.