Quote:
Originally Posted by Stewie
I get that for the short term, but why are 5 year CDs suddenly above 5%? If the consensus is that inflation will drift to 3% or lower, why are long term CDs paying much higher than that?
|
Dunno, yeah, that wouldn't make much sense. Schwab has some from 3.9-4.2% for 5 year. Even that seems surprisingly high to me.