Advertising Disclosure

Featured Savings Rates

Popular Posts

Featured Accounts

Bank CD Market Timing

POSTED ON BY

When should you lock into a long-term CD? Ideally, it's when interest rates have peaked. The problem is trying to predict those peaks. This article from Bankrate.com has some points to consider. One point is that longer term rates don't necessarily move in lock step with changes in short-term rates. The rates of 5-year CDs could peak long before the Fed stops their tightening cycle. If the market feels that inflation risk is being controlled, long term rates may decline. Instead of interest rate betting, the article recommends CD ladders as a way to even out the rate cycles.

Refer to my previous post about finding the best bank for CD ladders and to this post about how a CD add-to feature can help with laddering.
Comments

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.