Modern Macro Technologies
Research · · 4 min read Members

10/16/2025 Market Update

A tariff headline, a volatility spike, a near-full retrace — and a funding market still tight, with the SOFR-RRP spread wide and the SRF tapped. The update maps the shutdown's fiscal drag and November's Supreme Court tariff case.

Douglas
Market Update — Thursday, October 16, 2025
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