CD Archives

When it rains it pours. But it’s not the weather worrying bank rate investors, it’s the steady downpour of low interest rates dragging certificate of deposit rates down to historically weak levels. Get your umbrellas out again this week, as the bad weather for bank CD rates continues. Read more»

With bank deposit rates at historic lows, personal bankruptcies are at all-time highs. That’s not what the government intended when it launched “Recovery Summer” in June. Read more»

Let’s get the bad news out of the way first. Not one of the six key certificate of deposit rate categories showed an uptick last week, according to the sbup Weekly CD Rate Tracker. Some categories, like the two-year CD (down 18 basis points) and the four-year CD (down 19 basis points) fell particularly hard and fast, but there weren’t any stalwarts in the bunch, either. Read more»

Like a 10-year-old gaining top speed on a water slide, certificate of deposit rates continue to fall at an alarming rate. Read more»

First the good news: Americans are saving more, about 6.2% of their income compared to 2% just two years ago, according to the U.S. Commerce Department. Read more»

Things are getting topsy-turvy in the certificate of deposit marketplace, with some short-term CDs outperforming ones that go longer up the yield curve. Let’s take a look at three-month and six-month CDs as an example. Currently, the sbup Weekly CD Rate Tracker shows their rates as follows: Read more»

Perhaps economists are finally coming to grips with the long-awaited reality of the “new normal”. Read more»

Bank certificate of deposit investors need to start getting creative about finding good returns from the ruins of the bank savings market. Read more»

The certificate of deposit market took another downward dip last week — the benchmark 24-month CD falling 17 basis points in the week alone — as measured by the sbup Weekly CD Rate Tracker. Read more»