They recently dropped it to 4.5%.
You're suggesting that CD rates will go up again?
“A few months ago Chase Bank was offering 2 month CDs at 5% interest.
They recently dropped it to 4.5%.”
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They want to make more money on depositors’ money. Why buy one of their CD’s when you can easily get a full percentage point higher yield on a Treasury MM fund?
Today I saw 3mon CDs at 5.4%, 1yr at 5.35%, 2yr at 5.2%