SOFR at 4.00% (prev. 4.13%), volumes at USD 3.147tln (prev. 3.237tln) on November 4th. Matches top end of target for Fed funds rate.

Analysis details (13:09)

Note, the usage of the Fed's repo operation saw a drop on November 4th to USD 4.8bln across two operations (prev. 22bln across two ops. on November 3rd, and vs Friday's month-end spike to USD 50bln).

05 Nov 2025 - 13:05- Forex- Source: NY Fed

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