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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 389.75+0.5%Dec 1 4:00 PM EST
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To: TobagoJack who wrote (22515)9/16/2007 3:11:42 AM
From: Elroy Jetson  Read Replies (2) of 218131
 
Even Bank of America is offering 5.71% on Money Market savings accounts, although you have to dig to find this higher rate.

There is currently a huge diversity in US interest rates.

Virtually all banks are offering rates far above the 5.25% Fed Rate, and just below the higher 5.75% Fed Discount Rate and even up to a quarter point above.

In contrast, people fleeing to US Treasuries have pushed short term rates below 3%.
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