Personal Finance Advice and Commentary

Monday, January 23, 2012 11:44 am
By Claes Bell, CFA · Bankrate.com

It’s not just your imagination; 2011 was an abysmal year for CD rates. A new study shows yields on deposit products dropped 21 basis points. Rates for mid-term CDs, or CDs with maturities between one and three years, were hit particularly hard. From Dan Geller at Market Rates Insight: Mid-term CDs, from one to three years, registered the second