Interest Rates
 
May 31, 2023
One Month Term SOFR: 5.17%
Prime: 8.25%
Prime/SOFR Spread: 3.08%
20 Year T-Bonds: 4.06% (5/30/23)

SOFR is the Secured Overnight Financing Rate

Note to Clients
 
Our business in life is not to get ahead of other people, but to get ahead of ourselves. (Maltbie Davenport Babcock)
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