MoneyRates Blog

Bank CD Yields of 5.50% and over

August 12, 2007
By MoneyRates team | Money-Rates Columnist

Banks are expected to continue to reset CD rates lower this week after U.S. Treasury yields fell last week and indications that the Federal Reserve will lower rates are very strong. Annual percantage yields (APY) of 5.50% and higher are still available from the following FDIC-insured banks:
Countrywide Bank, 1-year CD, 5.50% APY, $10,000 minimum
Salem Five [...]

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Bank CD Rates +5.50% APY

July 18, 2007
By MoneyRates team | Money-Rates Columnist

The yield on the 5-year Treasury Bond has fallen over 20 basis points over the last two weeks to a current yield of 4.89%. Banks in general have dropped their deposit rates in line with the move of the 5-year Treasury bond, but several online banks are still making available APYs (annual percentage yields)of 5.50% [...]

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