• theunknownmuncher@lemmy.world
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    12 hours ago

    CD rates are shit right now, thanks to low interest rates.

    Actually, they are really good. The interests rates have come down a bit from their peak, but aren’t actually low at all compared to the last 10 years. There hasn’t been a better time than the last 3 years to be in CDs since basically the 90s.

    I am mainly in CDs due to external factors that make locked in returns over regular periods more attractive than other options, though.

    • UnderpantsWeevil@lemmy.world
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      11 hours ago

      Actually, they are really good.

      That’s barely above the Treasury rate.

      Talk to me when they’re north of 7%, a la 2008