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Labor market data was soft enough to cast doubt on the timing and magnitude of future Fed hikes, making the upcoming CPI release a key tiebreaker for a September rate decision. Nonfarm payrolls decreased by 23k in July, far below expectations and a sharp departure from the strong job growth seen in recent months.
In the current macroeconomic landscape marked by higher-for-longer interest rates, investors looking to optimize their short-term capital allocations may want to consider collateralized loan obligations (CLOs) as a higher-yielding potential alternative to traditional cash proxies like money market funds.
Amplify Samsung SOFR ETF (NYSEARCA:SOFR - Get Free Report) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 52,305 shares, an increase of 24.4% from the November 30th total of 42,048 shares. Based on an average daily volume of 4,683
SEC filings for SOFR aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.