Banking Strategist

C&I Loans:

• $2.79 trillion
• ⇧ 0.5% YoY.
• $3 trillion peak during COVID liquidity crisis.

Short Term Interest Rates:

• ⇩ (75) bps YoY.
• Prime Rate: 7.75%
• SOFI: 4.60%

Commercial Paper:

• Non-asset-backed CP: ⇩ (4.7)% YoY.
  Asset-backed CP: ⇧ 12.4% YoY.
• 90-day CP: 4.53%
• Under pressure when COVID pandemic commenced until Federal Reserve establishes support program.

Repurchase Agreements:

• Outstandings elevated recently - ⇧ 22.4% YoY.
• Above brief COVID spike; approaching Great Recession highs.