The U.S. treasury?
I know these rates are based of market determinants, but who has the ultimate hand in deciding where to set daily rates?
Also, if the Treasury is the entity that sets daily fixed income rates, who is in charge of the other rates?
Fed Funds- FOMC?
Prime Rate- ?
Discount Rate- ?
I'm trying to get a better understanding of rates in general.
This post was edited on 10/2 at 1:10 pm