According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was reported at 3.62% on the previous trading day (August 7, Non-Farm Payrolls day), compared to 3.65% on the prior day. The effective federal funds rate on the previous trading day was reported at 3.63%, unchanged from 3.63% on the prior day

According to data from the Federal Reserve Bank of New York, the Secured Overnight Financing Rate (SOFR) was reported at 3.62% on the previous trading day (August 7, Non-Farm Payrolls day), compared to 3.65% on the prior day. The effective federal funds rate on the previous trading day was reported at 3.63%, unchanged from 3.63% on the prior day.