Long-term CDs vs. short-term CDs: Which is better this May?
CBS News: Lakshmi Balasubramanyan, an associate professor of banking and finance at Weatherhead School of Management, said that with inflation cooling, the Fed is holding interest rates steady for now. She said that market uncertainty has led to a rare yield curve inversion, making short-term CDs more attractive than usual. She noted CDs are ideal for savers seeking safety and predictable returns.
