JUST IN: Secured Overnight Financing Rate (SOFR) jumps to 5.4%, the highest level in history
*The SOFR is the benchmark interest rate that measures the cost of borrowing cash overnight. 
Discussion
👀👀
Risk increasing, hodl on and enjoy the ride.
It was 5.4% before on 2024-01-02. 
It is interesting however that the last time we saw a spike in the chart 2019-09-17 it marked the turnaround in the Fed's balance sheet towards unprecedented values (more money). We all know what happend afterwards. 
