Average CD Yields Fall
Posted by Prime Interest Rates on 09/24/08 in Interest Rate News
Carnage on Wall Street isn’t helping CD yields, even if some banks are hungry for deposits. CDs and Treasuries are safe havens in times like this and their yields suffer because of it.
The “price” of a CD doesn’t rise as investors scoop them up, but banks don’t need to offer high yields to attract customers […]
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