Financial Risk

"We want to signal our support for credit-sensitive rates alongside SOFR. There's a lot of work being done on having a rate that looks and feels like LIBOR," according to a BofA representative.

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

PBOC officials say no, the e-yuan is currently designed primarily for domestic use.

China's trial issuance of a digital yuan has some officials concerned about whether the dollar will remain the world's dominant reserve currency in the long term.

New York governor signs into law a LIBOR fix designed to avert transition chaos.

FOMC expects an inflation bump, but it's short-lived, spiking to 2.4% this year before slowing to 2% next year.

A new report discusses the current climate for cryptocurrencies as investments and what it will take to make them more mainstream.

Treasuries should be preparing for the dramatic impact digital fiat currencies may soon have, on both their financial statements and their organizational structure.