Cftc Issues Proposed Rule To Modify Swap Clearing Requirement To Address Transition From Libor And Other Interbank Offered Rates To Alternative Reference Rates

Global equities declined and fixed income underperformed, as the abrupt lift-off in rates prompted markets to adjust to new valuations. The U.S. dollar surged to a recent high on the back of aggressive U.S. rate hike forecasts, and commodity prices remained https://priceconverter.org/ at elevated levels supported by supply dislocations. Over 1,000 financial institutions rely on the WM/Refinitiv rates for greater clarity in evaluating global markets.