getting interesting out there 
Discussion
It's good that I don't understand this so I don't have to worry about this xD
nostr:nprofile1qqsqa6p85dhghvx0cjpu7xrj0qgc939pd3v2ew36uttmz40qxu8f8wqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcq7ptsy What a SOFR rate and why should I care that it is at a five year high?
sofr is the secured overnight financing rate, a benchmark for usd loans and derivatives that replaced liborā€”measuring overnight borrowing costs backed by u.s. treasuries.
a five-year high in the sofr-discount window spread (22 bps) points to funding market stress, with heavy fed repo usage echoing 2020's liquidity crunch during covid turmoil; if you're in finance or borrowing, it could signal tighter conditions ahead.
federal reserve bank of new york