Sunday, May 18, 2008

Best CD Rate Update - 4.75% at Wachovia and Capital One

Wachovia and Capital One have the top rates for CDs this week at 4.75% for a 5-year term.

Fixed Income Update (5/18/08)

Best CD Rates: (Refresh your browser by clicking "reload" if you don't get 5/18/08 rates at these links)

Vanguard Money Market Rates:

  • Prime=2.39%
  • Tax Free=2.22%

US Treasury Rates:

Thursday, May 8, 2008

Vanguard Alert!

Currently Vanguard's "Tax Exempt Money Market Fund" is paying a higher rate than their taxable "Prime Money Market Fund!"

Fixed Income Update (5/8/08)

Best CD Rates: (Refresh your browser by clicking "reload" if you don't get 5/8/08 rates)

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New Treasury Direct Purchase Limits

I just got this email from the Bureau of the Public Debt.

    Dear TreasuryDirect Account Holder:

    The Savings Bond Purchase Limitation has been changed to $5,000 per series and TIN per calendar year. Please cancel any pending purchases that exceed the yearly $5,000 limit.

    This is an automatic message from TreasuryDirect. Please DO NOT respond. If you have questions e-mail us at

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Current US Treasury Rates:

Sunday, May 4, 2008

Best CD Rate - 4.75% for 5-Years

The best CD rate today at Wachovia Bank is 4.75% APY with a minimum opening deposit of $5,000. This is for a sixty (60) month (5-years) CD with an annual interest rate of 4.64%. Note, a Wachovia checking account is required to open this featured CD.

For a full list of CDs and terms, see Wachovia Bank Best CD Rates. says the highest regular 5-year CDs are

Also, make sure you read:

Definition: A Certificate of Deposit or CD is certificate from a bank stating that the named party has a specified sum on deposit, usually for a given period of time at a fixed rate of interest. Often there is a penalty for early withdrawal (taking your money out before the specified period of time.)

APY = Annual Percetage Yield