Financial Risk

Even as the Fed considers tapering asset purchases and raising interest rates, its improved communications make a 2013-like market response unlikely.

The Federal Reserve warns of market risk in its response to a lawsuit by consumer borrowers and credit card users who are seeking an injunction to end LIBOR.

SOFR is replacing LIBOR as the floating leg on all linear swaps, swap spreads, and curve trades in the interdealer market.

What treasury should be doing now to bridge the gap to a new benchmark interest rate.

Bitcoin's volatility makes the scenario seem unlikely, but some see El Salvador as a test case for other countries with high poverty and a dependence on cross-border remittances.

New fund option promises up to 7% annual return on a "stablecoin"-based account that would function much like a CD.

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

Despite a Twitter-user outcry, and loss of value for some cryptocurrency-related assets, market observers point out that this matches IRS treatment of cash transactions.