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CD Yields Tag

24 Jun THE CURRENT CD QUANDARY

Posted at 00:21h in Investment Strategy by Kevin Nast 0 Comments
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Today’s yields can’t beat inflation. CD investors are effectively losing money. According to Market Rates Insight, a research firm tracking bank rates, annualized inflation has surpassed long-term certificate of deposit rates since February. In April, 12-month inflation hit 3.16% while the highest-yielding 5-year callable CD on...

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