<p>According to data from the Federal Reserve Bank of New York, on the last trading day (August 12, the day the U.S. CPI inflation data was released), the Secured Overnight Financing Rate (SOFR) was reported at 4.36%, up from 4.34% the previous day. The effective federal funds rate on the last trading day was reported at 4.33%, unchanged from the previous day</p>

<p>SOFR options traders are hedging against the prospect of a larger rate cut by the Federal Reserve in September. According to data from the New York Fed, the Secured Overnight Financing Rate (SOFR) on August 12 was 4.36%, up from 4.34% the previous day. Meanwhile, the effective federal funds rate remained unchanged at 4.33%</p>

SOFR 期权交易员对冲美联储 9 月更大幅度降息的前景