copyright1997reloaded
Thinks s/he gets paid by the post
The PenFed new rates won't be enough to keep my maturing CD's there. It looks like they made them high enough to keep lazy money there, but not high enough to be considered a great rate.
Bonds are getting smashed today, e.g. TNX (10 year) rate has gone from around 3.055% at yesterdays close to 3.162% as I type this. With this going on, savings, money market and CD rates will continue to move higher. I'm guessing by December (when my CD's start to mature) that there will be plenty of choices higher than the current PenFed rates.
Bonds are getting smashed today, e.g. TNX (10 year) rate has gone from around 3.055% at yesterdays close to 3.162% as I type this. With this going on, savings, money market and CD rates will continue to move higher. I'm guessing by December (when my CD's start to mature) that there will be plenty of choices higher than the current PenFed rates.