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I just checked to make sure that my purchase of 5-year brokered CDs about a week ago actually went through (at 5.2%/5.26% APY). It did, but I had made the mistake of putting off a transaction for a couple of days, since the issue date wasn't until a few days later, getting CDs from somewhere else for the same yield and was shocked to see they were gone (something like $250,000 worth eaten up in 2 days). I was lucky something else came up.

I think there must be a lot more Vanguard clients trying to grab CDs, which are now clearly to soup de jour, than we realized. Thanks for the Tuesday tip.
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