CD Rate Trends, Week of July 11, 2022: Rates steady - Investopedia
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7/12/2022 12:00:00 AM2 years 9 months ago
by Sabrina Karl
by Sabrina Karl
Two weeks after the Fed's dramatic rate hike caused CD yields to surge, rates have settled down, with little movement in the top rate for each major term.
After surging late last month, on the heels of the Fed's massive June rate hike, certificate of deposit (CD) rates have held mostly steady again this week. The top nationwide rate in all of the major… [+5130 chars]
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