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7% Certificate of Deposits?
Posted on 3/6/23 at 8:41 am
Posted on 3/6/23 at 8:41 am
If you were a betting man, which bank offers the first 6% or even 7% short-term CD within the next several months? You have to think it's coming with others at 5% right now and Powell is on a roll at least till the Fall.
1
Posted on 3/6/23 at 8:56 am to Tomatocantender
I’m showing a double top on the 10 year yield on Friday and now she’s rolling over.
The market has already priced in high rates.
Next up is rates dropping and a recession.
The market has already priced in high rates.
Next up is rates dropping and a recession.
Posted on 3/6/23 at 9:08 am to Hussss
Current forward Treasury rates:
2:2 1.04%
5:5 1.15
10:10 1.77%
1:30 1.65%
2:2 1.04%
5:5 1.15
10:10 1.77%
1:30 1.65%
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