Repo Market Commentary

Latest edition · August 28, 2026

RMC

Curvature Securities provides daily overnight repo rates and spreads for August 28, 2026, showing General Collateral trading between 3.60% and 3.69% with a 10:00 AM average of 3.686%. SOFR (T-1) was 3.640% and Fed Funds average was 3.630%.

The August 28, 2026 Repo Market Commentary from Curvature Securities outlines funding conditions across US repo markets. General Collateral repo opened at 3.68% and closed lower at 3.60%, with a 10:00 AM average of 3.686%. Effective Fed Funds averaged 3.630%, while Agency MBS repo averaged 3.697% and SOFR (T-1) was 3.640%. Across on-the-run Treasury specials, repo rates ranged from 3.55% on the 5-Year issue to 3.67% on the 20-Year and 30-Year bonds.

Key takeaways from the latest edition

• 1.General Collateral repo opened at 3.68%, reached a high of 3.69%, and closed at 3.60%, with a 10:00 AM average of 3.686%.
• 2.Effective Fed Funds Rate (EFFR) 10:00 AM average stood at 3.630%, while SOFR (T-1) was reported at 3.640% and Agency MBS at 3.697%.
• 3.Treasury specials trading showed 5-Year notes trading tightest to close at 3.55%, compared to 2-Year at 3.60%, 7-Year at 3.58%, 10-Year at 3.66%, 20-Year at 3.67%, and 30-Year at 3.67%.

What this series covers

• Repo Market Commentary
• 2 Year: Overnight Rates
• 3 Year: Overnight Rates
• 5 Year: Overnight Rates
• 10 Year: Overnight Rates
• Overnight Rates: GC, SOFR, Fed Funds
• MBS/GC Spread
• GC: Open, High, Low, Close
• GC/Fed Funds Spread
• RRP Volume
• 20 Year: Overnight Rates

Edition archive

• RMC

  August 28, 2026

• RMC

  August 26, 2026

• RMC

  August 17, 2026