Summary
- The Federal Reserve’s key short-term interest rate has increased 25 basis points.
- Shorter-term Treasury yields have increased as much as 87 basis points since May.
- But interest rates on bank CDs have barely budged. It’s time for savers to benefit from higher CD rates.
Read my full analysis – and join the discussion – on SeekingAlpha.com
Update on my plan to transfer some of our 12/1998 to 10/2001 I-Bonds currently registered in both of our names…