While you can open certificates of deposit at shorter terms ranging from three years to six months, these have even lower average rates than the five - year CD rate as illustrated above. (valuepenguin.com)
The fund, therefore, must buy more bonds in a low - rate environment, thus lowering the average rate for all investors. (oldprof.typepad.com)
While you can open certificates of deposit at shorter terms ranging from three years to six months, these have even lower average rates than the five - year CD rate as illustrated above. (valuepenguin.com)