A possible reason Trump just announced he is going to give everyone a $2,000 check. 😏
Shanaka Anslem Perera ⚡
@shanaka86
THE WORLD’S MOST IMPORTANT NUMBER JUST COLLAPSED
November 6, 2025: SOFR crashed to 3.92%. The lowest level in two years. The benchmark that controls $397 trillion in global contracts just signaled something catastrophic.
This is not a rate cut. This is a liquidity flood.
THE NUMBER THAT MOVES EVERYTHING:
SOFR replaced LIBOR in 2023 as the foundation beneath derivatives, corporate loans, adjustable mortgages, and securities worth more than 15 times global GDP. When SOFR moves, $397 trillion in financial contracts reprice simultaneously.
It just fell from 4.22% on October 31 to 3.92% in six days. A 30 basis point nosedive that saves borrowers $50 billion annually but screams one word: panic!! Read more: 👀
https://x.com/shanaka86/status/1987426904883028246