My expectations for interest rates has been very low and I have bought some very low interest rate cds in the last year and a half. I have a couple of cds coming due-one today and one a couple of days ago. When the usalliance cd 3 year at 3/25 came out, I thought I should get it. I am thinking of putting the money in nexr week but now with all the expectations of further Fed rate increases and now the inflation report from Friday suggesting the Fed may need to go even higher, I am thinking now I should wait for bigger trates. The Fed is expected to raise rates by at least a half point on Wednesday but I don't know if and when that will translate into ihigher rate cds. So Iam wondering what everyone else thinks of the 3 yr 3.25percent cd and if you all think it's better to wait for higher rates?
A lot of regular commenters, are "Five Handle Freds" still waiting for "Five Handles" - 5% CDs - from 2015 - 2019.
Giving overly confident advice to random strangers is one of the worst things people can do. The people giving the advice may understand that their opinions are glib and unreliable, but there are naïve people who take such comments, seriously.
Check the price action of 30 year Treasuries on Friday. Yields initially fell - prices rose - Friday morning, before yields rose later. Much of the yield curve has flattened or inverted.
Plenty of smart people expect limited rate increases. Nobody knows the answer.