Those markets have been exhibiting large spikes, thus, the shift from LIBOR to SOFR will compound the increased volatility in the money markets already resulting from QT. Bill Campbell More Quotes by Bill Campbell More Quotes From Bill Campbell Ultimately, increased federal deficits and expanded Treasury issuance to fund those deficits, combined with a reversal in investor appetite for that growing supply of Treasuries, will bring pressures back into money markets, these markets are already taut due to the quantitative tightening (QT) done so far and increased regulation since the global financial crisis. Bill Campbell money
