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Effective Fed Funds Rate - Highest OBFR Volume Since 2016


FRBNY EFFR for prior session:
* Daily Effective Fed Funds Rate: 2.33% volume: $97B (+$3B)
* Daily Overnight Bank Funding Rate: 2.32% volume: $313B (+$30B) - the highest volumes for the OBFR since May 25, 2016.

Source: NY Fed

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