Highest CD Rates Moving Up
June 13th, 2007
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We’ve seen the inversion on CD rates practically be wiped out. But, for the most part, Banks and Credit Unions still aren’t paying a big premium for the long-term rates vs. the short-term. We’ve seen the highest 1-year CD rates move to the 5.50% APR range. Outside of some specials, the 5-year is at 5.60%.
-- By Chris Duncan
