4 ms·
Some of those high coupon CDs came from really distressed banks (e.g. Zion) Your observation is likely over fitting to some of the CDs tied to risker banks.
by mrfox321 4y ago
Some of those high coupon CDs came from really distressed banks (e.g. Zion)
Your observation is likely over fitting to some of the CDs tied to risker banks.
- arbuge 4y agoNo, not at all actually. I picked up several 5%+ 1-year CDs from Morgan Stanley, Wells Fargo, and Goldman Sachs myself.