sofr_effr_spread_bp

Secured over unsecured overnight funding, in basis points. It widens when collateral or reserves get scarce - the funding-stress signature of 2019-09.

basis_pointsIMMUTABLEcore.fred_observationsn_min 20CSV

value

+1.0 bp

1y percentile

41.0%

3y percentile

61.4%

all percentile

72.8%

robust z

0.67

rank 1y

27.1%

2111

Last observed 2026-09-15, 1 day before 2026-09-16. The value is carried forward; it is not a reading for 2026-09-16.

+1.0 bp2026-09-15

2025-09-17248 obs2026-09-15

Every market at 2026-09-16

1 of 1 with a reading on or before 2026-09-16; 1 carried forward from an earlier day (marked). Each row is that name against its own history — core.metric_context(), one query for all of them — not a rank among them.

market	value	1y pct ↓	3y pct	1y rank	robust z	n
US	+1.0 bp1d	41.0%	61.4%	27.1%	0.67	2111

Provenance

Source: core.fred_observations
Cadence: daily, published the next business day
Read by: the regime view's liquidity axis - DESIGN.md:147's SOFR-EFFR leg; Page 10
Point-in-time: IMMUTABLE