Is the Libor Rate Still Relevant for Our Trades?

I've been keeping an eye on the market lately, and I can't help but wonder how everyone feels about the ongoing relevance of the Libor Rate. With all the changes and the transition to SOFR and other benchmarks, do you think we should still be factoring Libor into our trading strategies?

I’ve seen some mixed opinions—some traders say it’s still a necessary indicator, while others argue it’s becoming obsolete. I’m curious how it’s affecting your positions, especially with interest rate fluctuations in play. Are there any specific trades you’ve adjusted based on Libor lately? Would love to hear your thoughts and insights on this!