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WSJ Article: CD Rates Start Ticking Up

Sunday, March 6, 2011 - 9:40 PM
This WSJ article notes an uptick in long-term CD rates. I've reviewed many of the CD rate hikes that were mentioned in the article including those at Navy FCU, Dime Savings Bank and Kaiser Federal.

It cited two reasons for the higher rates:
  • Higher long-term Treasury yields
  • More businesses and consumers are looking to take out long-term loans
8
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
Rep Points: 125,074
1. Monday, March 7, 2011 - 3:42 PM
Somebody needs to let PenFed know.
1
ShorebreakShorebreak2,607 posts since
Apr 6, 2010
Rep Points: 14,127
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