Interesting. so sFRAX yield has adjusted to parity with IORB, their target rate all along. Implied APY is at 5.
03 Nov 2023, 06:12
Interesting... so sFRAX yield has adjusted to parity with IORB, their target rate all along
Implied APY is at 5.3% on @pendle_fi - not much opportunities for yield trades YET, unless you foresee some major moves from the Fed