Summary
NEW YORK As interest rates have fallen, so have the yields on your savings. High-yield CDs, which are currently averaging 3.4 percent, are down from more than 5 percent a year and a half ago. Money-market accounts are yielding only 2.3 percent on average.
While it may be frustrating to see the returns on your savings dwindle, there are options available to get a higher return with the same risk.See the full content of this document
Extract
High Yields Getting Lower
One option you might consider is long-term CDs. A long-term CD can last for thre...
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