Interest Rates
 
July 23, 2024
SOFR: 5.33%
Prime: 8.50%
Prime/SOFR Spread: 3.17%
20 Year T-Bonds: 4.56% (7/23/24)

SOFR is the Secured Overnight Financing Rate

Note to Clients
 
A single conversation across the table with a wise man is better than ten years mere study of books. (Henry Wadsworth Longfellow)
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