Shorter-Duration CDs Offer Higher-Yield Opportunity

With the Federal Reserve increasing the overnight interest rate, shorter-duration treasuries have increased in yield. That “flattening of the yield curve” means three-month CDs now have yields comparable to considerably longer CDs.  That’s unusual – generally, longer-term CDs have considerably higher yields than short- er-duration CDs. For example, the annualized yield on a three-month Treasury … Continued