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re: 3 month CD yielding 3.75%...

Posted on 12/2/08 at 12:57 pm to
Posted by Tiger JJ
Member since Aug 2010
545 posts
Posted on 12/2/08 at 12:57 pm to
quote:

Chicken the average is probably around 2% right now.


Even that sounds high. Fed funds is like 1% and 6 month tbills are 45bps.
Posted by Cash
Vail
Member since Feb 2005
37249 posts
Posted on 12/2/08 at 1:01 pm to
quote:

Chicken the average is probably around 2% right now.




Even that sounds high. Fed funds is like 1% and 6 month tbills are 45bps.


You to make me look into it didn't you.

Anyway I checked the 3 month CD's that are available for sale through TD Ameritrade. Not all inclusive but gives me an idea of the market. The average of those available is about 1.85%. Still in the neighborhood of 2% though.
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