Gone, at least for now, are the days of abundant 5%-and-up CDs, but there is some good news for consumers: These 5%-and-up ...
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How High-Yield CDs Turn Into 0.05% CDs While You’re Not LookingJohn Furlong signed up for a certificate of deposit last year that paid 3.85%. When he checked his account in February, he was surprised to find the bank was only paying him 0.05%. The 62-year-old ...
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