The U.S. Congress agrees to a solution for the LIBOR crisis, which would automatically transition contracts to a new benchmark.

The Walker & Dunlop loan will use SOFR from the start, rather than launching with LIBOR and switching benchmarks after 2021.

Banks are recommending corporate treasurers protect themselves against FX swings, which have been muffled recently by record-low interest rates and Fed liquidity support.

Market embraces ISDA pact to automatically substitute a replacement rate for hundreds of trillions of dollars worth of interest-rate swaps, futures, and options.

Banks' preparations for the transition are coming under intense scrutiny from the Federal Reserve.

A Canadian energy company's issue tied to SOFR saw significant demand on Tuesday.

It's an "important day," as ISDA issues fallback measure for swaps and other derivatives still tied to the benchmark.

New York governor's state budget, published this week, includes provisions to help troublesome LIBOR-linked contracts switch to replacement rates.