Ally Savings rate upped 25 bps to 4.25%.
I'm hoping their CD's follow fairly soon.
Ally Savings rate upped 25 bps to 4.25%.
I'm hoping their CD's follow fairly soon.
+1. The only thing needs to watch is pulling from CIT side would take a few business days before available, no like Ally which you can pull the next business day. So I try to push to CIT, which is available right away.Cit Bank Platinum is at 5.05% APY on minimum balance of $5K. Also free wire transfer if balance is $25K+
As a rule, I push/pull money from Ally. One except for me has been Chase, which has 1 business transfer out.+1. The only thing needs to watch is pulling from CIT side would take a few business days before available, no like Ally which you can pull the next business day. So I try to push to CIT, which is available right away.
Just sharing this article with the forum, in case some may find it of use:
Best No-Penalty CD Rates July 2023
https://www.kiplinger.com/personal-finance/best-no-penalty-cd-rates
GLTA
I'm wondering what (if anything) the downgrade of us government debt will have on the fixed income markets.
https://abcnews.go.com/US/wireStory/us-governments-debt-downgraded-101965250
That is my sentiment too.My *guess* would be that Treasuries end up having a lower purchase cost, as the risk is higher, so more return is expected. Ditto Agency bonds.
My *guess* would be that Treasuries end up having a lower purchase cost, as the risk is higher, so more return is expected. Ditto Agency bonds.
Near term that makes sense to me too. Just wonder if/when CD's will see an impact at some point too.That is my sentiment too.
10 year Treasury up 11 basis points today to 4.19%. Definitely on the move.
I think the effect is mostly symbolic. There is not really a higher rated product to trade up to.I'm wondering what (if anything) the downgrade of us government debt will have on the fixed income markets.
https://abcnews.go.com/US/wireStory/us-governments-debt-downgraded-101965250
Dominion Energy Reliability Investment Account at 5.5% for $50k +....Account works like an online savings account.....
https://investors.dominionenergy.co...on-energy-reliability-investment/default.aspx
Dominion Energy Reliability Investment Account at 5.5% for $50k +....Account works like an online savings account.....
https://investors.dominionenergy.co...on-energy-reliability-investment/default.aspx
Dominion Energy Reliability Investment is not a money market fund. The investment is not subject to regulation under the Investment Act of 1940, as amended. Dominion Energy Reliability Investment is a direct investment of new debt obligations of Dominion Energy.
I was able to pick up a brokered CD in the secondary market today - 4 years for 5.5% and "effectively non-callable".
It's effectively non-callable because although it is callable beginning in December, the coupon is 1.1%, and so the issuer (JPM) would not be calling unless rates fell below 1.1%. I paid 84.65 for it.
However, should JPM decide to call it, I'd immediately capture the capital gain from 84.65 to 100, which is also ok by me.
CUSIP = 48128U5Q8
That’s a great deal. How do you find these? Do you logon every day searching for a deal or is there any software that will send you notice when a deal is available meeting your parameters? Seems like it would be easy for a brokerage to provide an automated notice that would help both buyers and sellers.