C Ds That Try A Little Harder

Although bank certificate of deposit yields have edged up a bit this year, their 3.5% average has not kept pace with the rise in short-term interest rates. Yet millions of risk-averse savers are still drawn to conventional CDs for their safety and relative liquidity. Well, what if you could essentially have those features in a product that moves more in tandem with interest rates? A switch might be tempting.

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