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Leading 5-Year CD Rates Bounce Back To 2.5%

Friday, April 4, 2014 - 7:48 AM
It was virtually impossible to find a bank or credit union paying 2% APY on a 5-year CD last spring. But over the past six months, we've seen a modest yet steady increase in the top rates being offered on these popular investments. You'll find the best returns at community banks and credit unions that only accept deposits from nearby residents.

However, with the recent comments on the part of Fed Chairman Yellen, the article does point out...

It seems that savvy savers should plan for at least another year-and-a-half of rock bottom interest rates before a gradual return to reasonable returns even begins.
Leading 5-year CD rates bounce back to 2.5% |
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
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