The rate on 10-year U.S. Treasuries increased to more than four percent, the highest since October 2008. With this increase in the value of U.S. Treasuries, other interest rates are expected to increase as well.
In Seattle, it may be a good time to keep an eye on the interest rates of Certificate of Deposits if you are looking to save some money. CDs offer you a fixed term investment where your money is tied up for the length of the term. It forces you to keep their money away while it earns interest.
The higher the interest rate, the more money you’ll receive in the end. Use Seattle Banking Rates to find an interest rate on a CD that will maximize your earnings.
