Fixed income investment yields are likely to rise this year. As a result, one bond fund manager recommends that you maintain liquidity for the time being.
A debt ceiling crisis would likely do serious and lasting damage to the U.S. economy, but it might have a silver lining for savers: higher CD rates.
A few years ago, cautious investors living in retirement put their savings in long-term U.S. bonds and happily collected 6 percent. Today, that isn’t much of an option because rates are below 2 percent. Even conservative investors like my CPA husband can’t find much good to say about that rate of return — no matter
There’s a high-stakes game of chicken going on in Washington, D.C., over extending the debt ceiling, and CD rates could be just one more casualty if things go too far. If you’re just tuning in to the debt ceiling drama, the debt ceiling is the total amount of outstanding debt the federal government is allowed