While US derivative dealers have begun moving towards a post-LIBOR world, there are concerns that the transition is not progressing at a fast enough pace. Current low volumes of RFR-linked products could lead to poor fallback choices and reduce the appeal of the SOFR ahead of the end of LIBOR.
While US derivative dealers have begun moving towards a post-LIBOR world, there are concerns that the transition is not progressing at a fast enough pace. Current low volumes of SOFR-linked products could lead to poor fallback choices and reduce the appeal of the RFR ahead of the end of LIBOR.