Overnight Bank Funding Volume
Rates & Curve · FRED/Treasury · OBFRVOL
What this measures. The overnight bank funding is calculated using federal funds transactions and certain Eurodollar transactions. The federal funds market consists of domestic unsecured borrowings in U.S. dollars by depository institutions from other depository institutions and certain other entities, primarily government-sponsored enterprises, while the Eurodollar market…
The latest reading sits at HIGH relative to this series' own history (2,331 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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