SOFR Leads Race to Replace Libor as Interest-Rate Benchmark

Wall Street Journal, Feb. 22, 2022– Mark Maurer (subscription)
U.S. companies and financial institutions are starting to settle on a new interest-rate benchmark to replace the troubled London interbank offered rate, which underpins trillions of dollars of financial contracts.
https://www.wsj.com/articles/sofr-leads-race-to-replace-libor-as-interest-rate-benchmark-11645408905?