Investor Interest Rate Update

Interest Rate Update: January 5, 2009:

The Federal Reserve has lowered interest rates in the United State to historic lows pushing down yields on most savings instruments. Current rates and yields include:

3-month Treasury Bill: 0.08% yield

6-month Treasury Bill: 0.28% yield

1-year Treasury Bill: 0.38% yield

2-year Treasury Bill: 0.81% yield

3-year Treasury Bill: 1.07% yield

5-year Treasury Bill: 1.66% yield

10-year [...]

Online Banks ready for Summer with New Deals and Rates

Online banks are ready for their summer promotional blitz by offering a wide variety of new online banking deals as well as higher rates on bank deposits. Consumers now have a variety of incentives to open new bank accounts including free cash, free airline miles, or even free iPods. In addition, with the prospect of [...]

5.00% Bank Rate Deal from National City Bank

5.00% is looking like a fantastic investment return in this environment of falling interest rates and shaky stock markets. Locking in the 5% return for 4 years might even allow for the funds to be reinvested in an economy that is stronger with more attractive investment options. We don’t know how many more 5.00% rate [...]