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When Will CD Yields Start To Rise?

Saturday, November 5, 2011 - 7:22 AM
By Scott Burns

Q. I just came into tens of thousands of dollars that I plan to safely invest. When do you anticipate that bank interest rates on CDs will begin to rise? —M.P., Nashville, TN

A. If this were a rational world, they would have started rising long ago since inflation is now substantially higher than interest rates. Stockpiling cans of soup is a better investment than a CD at current CD yields.
ShorebreakShorebreak2,696 posts since
Apr 6, 2010
Rep Points: 14,620
1. Saturday, November 5, 2011 - 9:23 AM
Whenever I think interest rates can’t possibly go lower, they drop again

I know how he feels.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708