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EFFR Unchanged at 5.08%, Volumes Trend Lower

STIR

New York Fed EFFR for prior session (rate, chg from prev day):

* Daily Effective Fed Funds Rate: 5.08%, no change, volume: $101B

* Daily Overnight Bank Funding Rate: 5.07%, no change, volume: $260B


EFFR volumes lowest since Jun 30 and before that Apr 6.


Source: New York Fed

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