Maximizing Your CD Investments: Tips and Insights.
TL;DR Summary
The top CD rates in the US have remained steady, with 31 certificates paying at least 5.25% APY, compared to 23 a week ago. The highest rate available is 5.65% APY for a 9-month term, while the longest-duration CD paying at least 5.00% is a 4-year option. The Federal Reserve is expected to hold rates where they are this time, which could mean CDs are at or near peak levels. It is recommended to shop around for the best CD rates before making a final choice.
- Top CD Rates Today, June 12, 2023 Investopedia
- With some CDs paying over 5%, don’t invest less than this amount, one pro says MarketWatch
- Fed Rate Hikes May Be Over for Now. But Savings and CD Rates Will Remain High, Experts Say CNET
- How the Fed's next move could affect your savings account rate CBS News
- Buying a CD? Here's Why You Want a Longer Term Rate The Motley Fool
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