4 ms·
No, all other rates are effectively downstream of the fed rate. It would take many more cracks in the edifice to make them subject to typical market pressures.
by woooooo 3y ago
No, all other rates are effectively downstream of the fed rate.
It would take many more cracks in the edifice to make them subject to typical market pressures.
- rhaway84773 3y agoIt’s one of the biggest markets in the world. There may be a lot of issues with the US government’s issuance of debt but a lack of market pressure isn’t one of them.