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Locking in a good 5-year CD rate right now could mean missing out on better interest to come. What to know about choosing a long-term CD in today’s rising rate environment.
Savings accounts and bonds are tools to earn interest on your savings. Savings accounts have easy access; bonds are ideal for long-term savings.
Two-year CDs can help you save for upcoming expenses, but there may be better options depending on your financial goals. Here’s what to consider:
Average CD rates are expected to keep rising over the next weeks and months. Here’s why experts say you should still be cautious about long-term CD options: