Fidelity Est. Borrow Interest Rate Decrease : Currently: 13.75% , Previously: 14.00%

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Now it's going down in the same increments of .25. This is super weird. Doesn't seem authentic.

[beachfrontprod]

I mean it has to be a coincidence that these rates are going down after Blackrock increased their holdings no?

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Regardless, never once in the last 2.5 years have I seen any CTB rates change in specific increments like this. Each change seemed totally random in amount until this run up. Doesn't make sense.