Personal Finance Advice and Commentary

Monday, July 23, 2012 4:07 pm
By Claes Bell, CFA · Bankrate.com

In a desperate quest to find higher yields, some savers are making a Faustian bargain with banks: for a few basis points more, and you can keep my money for 10 years. Several of the nation’s largest banks are offering 10-year CDs with a yield of 1.75 percent or less these days, including Chase, Bank