Ask Terry Questions interest rate — when will they peak?

interest rate — when will they peak?

By Terry Savage on March 23, 2023 | Chicken Money

Good morning, Ms Savage.
At what point will interest rates top out. when would it be good to begin locking long term cds and treasury notes?

Thank you

Terry Says

I wish I had that crystal ball! No one knows for sure, so maybe start locking in CDs or T-bills a bit at a time — staggering the maturity dates. That way you’ll always be renewing at intervals. Maybe in hindsight you will have caught the “top rate” with one of your purchases!



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