Your rates of bank

You might think CD yields would be less than enticing considering the surplus of awful news in the financial sector. Yes, there’s a big push by consumers into government-backed investments that will return 100 percent on the dollar if a bank topples, but there are also banks that need deposits, and plenty of them.- advertisement -

In fact, many institutions are offering good yields on short maturities of one year or less. That gives you a way to earn a decent return while waiting for the turmoil in the financial markets to ease.

(more…)