Interbank Market News Scan: Where bitcoin, foreign exchange, Treasurys, and Fed administered rates stand at 10:23 am EST.

Alton Drew, ,

30-Day Federal Funds Options (June 2023 ZQM3): 94.92

Fed Funds Target Range: 5.00-5.25%

Effective Federal Funds Rate: 5.08%

Interest on Reserve Balances: 5.15%

Discount Window Rate: 5.25%

Two-year Treasurys: 4.00%

Ten-year Treasurys: 3.52%

Prime Rate: 8.25%

EUR/USD: 1.1026

USD/CAD: 1.3419

GBP/USD: 1.2650

DXY: 101.36

BTC/USD: 28138

Sources: CME Group, Board of Governors-Federal Reserve, MarketWatch.

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Published by Alton Drew

I graduated from The Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). I am a member of the Maryland Bar and practice political law. You can follow me on Twitter @altondrew. You can email me at altondrew@altondrew.com.