The Federal Reserve's (Fed) Funds Target rate was cut 25 basis points to a range of 4.0-4.25% on September 17. The Fund's credit quality remains conservative with 100% invested in U.S. government or ...
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The Fed Funds Target rate was cut 25 bps on October 29 and again on December 10, ending the year with a Fed Funds Target range of 3.50–3.75%. The Fund maintained a higher concentration in SOFR-indexed ...
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