Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Back to Comments and Questions

When Will CD Rates Go Up?

Friday, August 23, 2013 - 9:30 PM
Will interest rates go up some more, which will bring more losses to bond funds when the Fed starts tapering Quantitative Easing? I don’t know. Nobody knows. My argument for CDs wasn’t based on predictions. CDs hold up well even when interest rates drop or stay the same. It’s not the same as parking in short-term bonds and earning a lower yield while waiting for higher rates, which may or may not come.

Now that interest rates are already up, is the argument for CDs less compelling than a few months ago?

When Will CD Rates Go Up?
6
ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,707
Reply