No. of Recommendations: 6
Hello

Thank you for the information provided on this board.

I thought it interesting that last Friday I tried to set up a 4 year CD ladder at Vanguard in a Rollover IRA. I asked for 2,3,4,and 5 year CDs, new issue, FDIC insured, paying monthly. They had some 2 and 4 year availability but no 3 or 5 year CDs available at all. None. The rep said that there had been a run on CDs at Vanguard in the last 3 weeks, and he suggested calling on Tuesday mornings when they get their new CD offerings. Of course, the highest paying CDs are the first to go.

As of today, I have 2, 3, and 4 year CDs each paying 5.05%. Not great, but OK.

Just thought I'd pass it along. Tuesday is best availability at Vanguard bond desk and there seems to be higher than normal demand.

Regards ... L
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