top | item 33361720

(no title)

rory | 3 years ago

> maybe US government will leave it high

Although the Fed can backstop commercial paper in emergencies (and they did so at the beginning of the pandemic), it's extremely unlikely that they start taking on enough to move rates in the medium term (like they did with mortgage backed securities). So this is not a rate that the government controls except very indirectly.

discuss

order

No comments yet.