Why I’m bothering to write about SOFR transition at this point is a bit of a mystery.  Hasn’t this topic now finally exhausted both our energy and interest?  Oh, and a European war is being fought as I write which, to say the least, renders the kerfuffle over LIBOR somewhat less than consequential.  But irrelevancy has not stopped me before.
Continue Reading SOFR:  The Face That Launched a Thousand Ships Was Photoshopped!