Key U.S. Funding Rate Drops Sharply, Raising Risk Concerns
A sudden collapse in a major U.S. short-term funding rate is making cash cheaper but triggering warnings about increased financial risk.
Summary
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Terms & Concepts
Funding Rate: The interest rate at which financial institutions borrow and lend cash or securities in short-term markets.
Short-Term Funding Market: A financial market for borrowing and lending funds typically for periods of less than one year, often used by banks and corporations.