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Spinoff from the Savings account thread-Interest rate related
Posted on 8/8/12 at 9:04 am
Posted on 8/8/12 at 9:04 am
When do you guys see the interest rates on savings accounts going back up?
I know once the prime rate starts rising again so will rates and that it's based off the 10 year treasury yield.
I know once the prime rate starts rising again so will rates and that it's based off the 10 year treasury yield.
2
Posted on 8/8/12 at 12:07 pm to Ray Finkle
quote:
When do you guys see the interest rates on savings accounts going back up?
Depends on whether or not Barry gets re-elected. If Romney wins, maybe the economy will improve in 2-3 years; if Barry wins, add at least 4 years to that.
Posted on 8/8/12 at 9:33 pm to meldawg399
Fed has frozen rates until 2014.
You can get a 10-year for around 1.6 %.
You can get a 10-year for around 1.6 %.
Posted on 8/8/12 at 9:35 pm to Ray Finkle
3 years at the earliest, and even then at a snail's pace.
Posted on 8/9/12 at 9:24 am to TortiousTiger
It's a double edged sword. So much for making money on your money.
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