AMERICAS GASOLINE: US Gasoline Prices Set for Lowest Summer Average Since 2020

Apr-10 16:55

The EIA has cut its forecast for the retail price of regular gasoline in the US by 13 cents/gal to $...

Historical bullets

OPTIONS: Larger FX Option Pipeline

Mar-11 16:55
  • EUR/USD: Mar13 $1.0800(E1.3bln), $1.0850-60(E1.2bln)
  • USD/JPY: Mar13 Y148.00($1.2bln)
  • AUD/USD: Mar14 $0.6125(A$1.1bln), $0.6400-10(A$1.0bln)
  • USD/CAD: Mar14 C$1.4700($1.2bln)

FED: US TSY 3Y AUCTION: NON-COMP BIDS $167 MLN FROM $58.000 BLN TOTAL

Mar-11 16:45
  • US TSY 3Y AUCTION: NON-COMP BIDS $167 MLN FROM $58.000 BLN TOTAL

US TSYS/OVERNIGHT REPO: SOFR Continued To Soften Monday

Mar-11 16:39

Secured rates softened for a second consecutive session Monday, with SOFR dipping by 1bp again to 4.33%, matching the lowest levels of the month. 

  • Rates could soften a little further today with cash returning to market due to bill redemptions which should help the downward drift in rates.
  • Meanwhile, effective Fed Funds rates were once again unchanged.

REPO REFERENCE RATES (rate, change from prev. day, volume):
* Secured Overnight Financing Rate (SOFR): 4.33%, -0.01%, $2505B
* Broad General Collateral Rate (BGCR): 4.32%, -0.01%, $960B
* Tri-Party General Collateral Rate (TGCR): 4.32%, -0.01%, $931B

New York Fed EFFR for prior session (rate, chg from prev day):
* Daily Effective Fed Funds Rate: 4.33%, no change, volume:  $105B
* Daily Overnight Bank Funding Rate: 4.33%, no change, volume:  $292B
 

image