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question on cd rates
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johnwayne360
Posted 9/22/2022 06:52 (#9855403)
Subject: question on cd rates


near dyersville iowa
before the rate hike yesterday, several banks were running specials on 27,37, and 47 month cds. 24 month was .8%. 27 month was 2.4% just struck me as odd having that big of a difference between the two, even though one is only 3 months longer than the other. This was the case at at least 2 banks, might have been three, i cant remember for sure. Is there any explanation for this? I just had a small amount of money i wanted to have available in a certain time frame, and i cant find any other low risk place to put it for now.
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