Best CD, MM Rates & Bank Special Deals Thread 2023 - Please post updates here

[Montecfo]

Quote:

Originally Posted by Quattro73 It is tax filing time. The MM outflows are most likely attributable to people paying Uncle Sam. Banks classically see heavy outflows for taxes during April.

This is government only MM funds. Reportedly tied to debt ceiling jitters.

[jw72]

Quote:

Originally Posted by Free bird In my opinion the best you can do when you enter the world of government default talk is to be diversified. Spread your risk around & realize certain threats are not actionable. Adding chaos to chaos won’t get you anywhere.

I would think rental property would be a good place to park $$$

[Chuckanut]

Depends on the political environment where the property is located. Rent control and other restrictions on landlords are raising their head in some areas. The CDC claimed it had the power to restrict evictions nationwide, though SCOTUS tossed that out. Be careful.

[Drake3287]

Quote:

Originally Posted by Chuckanut Depends on the political environment where the property is located. Rent control and other restrictions on landlords are raising their head in some areas. The CDC claimed it had the power to restrict evictions nationwide, though SCOTUS tossed that out. Be careful.

Exactly. The days of having rental properties in a state like California are long over. Renters now have all the rights here, simply no longer worth the headache. You'll see few and fewer available rentals down the road. It's already happening.

[copyright1997reloaded]

Quote:

Originally Posted by Montecfo This is government only MM funds. Reportedly tied to debt ceiling jitters.

Also being helped (i.e. funds being withdrawn) as the risk of non Government only (e.g. SWVXX) funds goes down, money returning to a higher yielding fund. This is especially true given the spread between very short term T-Bills (e.g. a month and under) vs. commercial paper, etc.

Example: As of now SNSXX (treasuries only) is at 4.29% (7-day trailing yield) while SWVVXX is at 4.66%.

[JohnDoe]

Rates higher across the board this morning on fidelity. Yield on 5 year ladder of non-callable is at 4.69%

[Montecfo]

Quote:

Originally Posted by JohnDoe Rates higher across the board this morning on fidelity. Yield on 5 year ladder of non-callable is at 4.69%

Yes. If the banking crisis heats up again those 5 year non-callable CDs may make a brief return engagement.

[ShokWaveRider]

Let us see what happens next week.

[Echard]

why do some of the spreads on bonds between the bid and ask vary so much for a given company. For example, Royal Bank of Canada has some bonds with tight spreads, and others with 1% or more, such as CUSIP 78014RKM1

[Echard]

Thoughts on this Keynote bond? Basically a 10 year bond at a high rate. Keynote potentially in trouble?

49327M3H5

[jw72]

Quote:

Originally Posted by JohnDoe Rates higher across the board this morning on fidelity. Yield on 5 year ladder of non-callable is at 4.69%

Gone, those went quick

[Golden sunsets]

Ivy bank high yield savings rate increased to 4.8% today.

[Silver]

Bask online savings just increased to 4.75% APY.

[Henry Lili]

Quote:

Originally Posted by jw72 Gone, those went quick

Anyone know if an alert can be set/sent when new Cds come online? I got at 4.75 non callable 5yr about three weeks ago with a partial rollover from myv401k where stable value was at 1.9. only placed half. Then this week I panicked a bit and bit on a 4yr at 4.4 with half of what's left. I check rates most days and plan to hold the course but woul love to place another 5yr at 4.7 or above. They do disappear quick.

[Henry Lili]

Quote:

Originally Posted by Henry Lili Anyone know if an alert can be set/sent when new Cds come online? I got at 4.75 non callable 5yr about three weeks ago with a partial rollover from myv401k where stable value was at 1.9. only placed half. Then this week I panicked a bit and bit on a 4yr at 4.4 with half of what's left. I check rates most days and plan to hold the course but woul love to place another 5yr at 4.7 or above. They do disappear quick.

I also bought a 4yr at 4.8 at a local credit union in my taxable account. I only go small with those as the penalty is a full 365 days of lost interest.

[imbatman]

On Fidelity DSN4S0437, Goldman 1-year 5.15% CD.....update CALLABLE starting 08/10/2023

[copyright1997reloaded]

Quote:

Originally Posted by imbatman On Fidelity DSN4S0437, Goldman 1-year 5.15% CD

Callable. Which might be OK, but please include in posts on CD's/Bonds whether they are callable or not.

ETA: There is also DSN4S8902, CFBANK NA, 5.10% CD, non-callable, maturity 05/03/2024, monthly dividends.

[imbatman]

That's fair my bad, it has been awhile since there was a CD rate I cared enough to even look at and didn't realize the call schedule was viewed differently than bonds.

The Goldman is callable starting 08/10/2023 so only 3 months guaranteed

[MandM]

Synchrony Bank has a 14 month CD rate at 5.15% on its website that I put a few bucks in today.

[Another Reader]

Quote:

Originally Posted by MandM Synchrony Bank has a 14 month CD rate at 5.15% on its website that I put a few bucks in today.

I bought a few of those plus a few of the 10 month Marcus CD's at 5.05 percent. "depositaccounts.com" tracks this information timely.