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Personal Finance and Investing

progree

(11,541 posts)

17. Yes, I read yesterday the inversion between the 2 year and 10 year Treasuries is the

Reply to wishstar (Reply #16)

Thu Mar 9, 2023, 06:37 AM

Mar 2023

highest it's been since 1981 at 1.03 percentage points (the 2 year yield is 1.03 percentage points higher than the 10 year). And that's reflected in inversion in CD rates with shorter term paying higher rates than the longer term ones.

I look at this for current Treasury yields (scroll half way down, on the right)
https://www.cnn.com/business/markets/premarkets

And yes, 8 out of the last 8 recessions has been preceded by an inversion in the yield curve. (But not every inversion in the yield curve leads to a recession).

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Here come the 5% CDs [View all] mahatmakanejeeves Feb 2023 OP

Discover is offering 4.25% 12-month CDs. OilemFirchen Feb 2023 #1

💰💰💰 underpants Feb 2023 #2

This message was self-deleted by its author Chin music Feb 2023 #3

Just got one - thru Republic Bank-breakable, for 12 mo. Quakerfriend Feb 2023 #4

3 month Treasury bonds multigraincracker Feb 2023 #5

This message was self-deleted by its author Chin music Feb 2023 #8

I snagged a couple from Vanguard recently at 4.8 and 4.85%. Scrivener7 Feb 2023 #6

I weighed tying up a few k's for 13 months at a great rate. But decided against sprinkleeninow Feb 2023 #7

just got 4.5 on 8 months at the credit union. nt msongs Feb 2023 #9

4.65% at two credit union I use is so much better than the .80% they were paying just SharonClark Feb 2023 #10

I was surprised. I hadn't known that the rates had gone up so much. NT mahatmakanejeeves Feb 2023 #11

Capital One was offering 5% 11-month CDs in early February. nt kelly1mm Feb 2023 #12

My Schwab modrepub Feb 2023 #13

"they're bound to continue to inch upwards". Yes, with metaphyical certainty progree Feb 2023 #14

8 places you can now get a guaranteed 5% -- or more -- on CDs or savings accounts mahatmakanejeeves Mar 2023 #15

Historically very unusual for short term CD's to pay more than long term wishstar Mar 2023 #16

Yes, I read yesterday the inversion between the 2 year and 10 year Treasuries is the progree Mar 2023 #17