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Personal Finance and Investing

pangaia

(24,324 posts)

8. One example, my last 1 year Bank Of China CD paid 2.75%, bgt on 12/18

Reply to brush (Reply #2)

Wed Jan 2, 2019, 11:06 AM

Jan 2019

Today a 1 year Bank Of China CD pays 2.65%.
JP Morgan Chase(BOOO) was 2.7% but not call protected, so I bought a Wells Fargo (BOOO) at 2.65%-- 13 months..

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Why, if the FED rate has been going up, and a couple more hikes [View all] pangaia Dec 2018 OP

running of the bulls? juxtaposed Dec 2018 #1

Where'd you get that? CD rates have been gradually going up. brush Dec 2018 #2

One example, my last 1 year Bank Of China CD paid 2.75%, bgt on 12/18 pangaia Jan 2019 #8

bank savings all the way up to...ONE percent lol nt msongs Dec 2018 #3

As stocks decline, people pour their money into safer investments like Treasuries progree Dec 2018 #4

I kind knew the basics of that but didn;t realize it also applied to T-Bills and T- Bonds pangaia Jan 2019 #7

Supply/demand. Investors pull money out of stocks and buy treasuries, so yields can go down. PSPS Dec 2018 #5

I Have 2 Adjustable Loans The Fed Hikes Hurt Bad PaulX2 Jan 2019 #6

That really sucks. It was rising interest rates that popped the 2007 housing bubble progree Jan 2019 #9