Best CD Rates Today: Lock in Up to 4. 35% APY The recent surge in certificate of deposit (CD) rates has left some investors wondering if they've stumbled into a sweet spot.
With the Federal Reserve's interest rate freeze still in place, many are flocking to high yield CDs as a safe haven investment.
The Rate Freeze: A Brief Reprieve from Inflation Fears The Fed's decision to pause its rate hikes has had an unexpected consequence – higher CD rates than we've seen in nearly two decades.