Wall Street isn’t quitting troubled LIBOR yet, even as new SOFR-linked debt heads for a record ahead of deadline

Wall Street isn’t quitting troubled LIBOR yet, even as new SOFR-linked debt heads for a record ahead of deadline
·3 min read

Companies are on pace to issue a record amount of debt this year using the new LIBOR replacement, but that doesn't mean Wall Street has given up yet on the scandal-plagued benchmark rate, according to a Goldman Sachs report.

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