I could offer you an opinion, but you shouldn’t invest on it. The market (millions of opinions) is the best predictor of interest rates. The reason 1-5 year CD rates are less than they were a year ago is because the market thinks that rates 1-5 years out will be less than they thought a year ago.
Interest rates are not going anywhere till fall. CD and other money market products as well as mortgage rates tend to follow the direction of tresuaries, which follow supply & demand and economic developments/environment.
I could offer you an opinion, but you shouldn’t invest on it. The market (millions of opinions) is the best predictor of interest rates. The reason 1-5 year CD rates are less than they were a year ago is because the market thinks that rates 1-5 years out will be less than they thought a year ago.
Interest rates are not going anywhere till fall. CD and other money market products as well as mortgage rates tend to follow the direction of tresuaries, which follow supply & demand and economic developments/environment.
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