The treasury market has seen a big drop in yields.? The 10-year which affects mortages and CDs more than anything else has dropped over 30 Basis Points, currently at 4.77%.? Good for mortgages, not so good for CDs.
The CD rates have come down, but thankfully only 10 – 15 Basis points.? At this point there aren’t many 5.50% APR rates out there.
- Bond Prices Down; Yields up
- Bank CD Rates Moving Down
- The Ups and Downs
- The Problem With Bailouts
- American Eagle Bank — Money Market Rate — Chicago Area only
-- By +Chris Duncan