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‘These high yields are not going to last forever’: Fed’s rate hike may be the last for now — time to say goodbye to 5% on CDs and savings?

Por: MarketWatch Politics May 04, 2023

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So if the window for high yields on low-risk cash investments is at its highest point for now, there’s likely only one direction they’ll go next, observers say. “In our view, we are now at the peak or very near the peak in the federal funds rate. If you look at the market signals, they indicate exactly that,” said Angelo Kourkafas, investment strategist at Edward Jones. What that means for rate-sensitive cash investments — like bank... + full article



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