UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next
Author: WendyBG Big gold star, 5000 posts Top Favorite Fools Feste Award Winner! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35931  
Subject: Average Fixed-income rates Date: 12/21/2005 11:37 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
From today's Wall Street Journal.

"The average yield on six-month "jumbo" CDs, which typically require deposits of $95,000 or more, was 3.22%, up from 3.20% a week earlier, according to Bankrate.com. The yield on five-year jumbos was 4.15%, unchanged from the previous week, the information service said.

The average yields on small-denomination "savings" CDs also were mixed. The average six-month yield was 2.82%, up from 2.81% the previous week, Bankrate.com said. The average two-year CD yield was 3.53%, up from 3.52% the week before, and the average five-year yield was 4.04%, unchanged from the previous week."

It still surprises me that people will lock up jumbo money, at average rates.

Emigrant Direct and HSBC are online savings accounts yield 4.0%.

A local bank, West Sound, has a 4.25% money market (>$50,000).

I recently got a 5-year CD, from West Sound, yielding 5.4%.

These are significant differentials.
What is everyone else seeing?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (13) | Ignore Thread Prev | Next


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.