Kiplinger’s Personal Finance calls Savings Bonds “another excellent deal”

Wednesday, July 12th, 2006
Categorized as: Yesterday's News (old post archive)

In the July issue of Kiplinger’s Personal Finance, Anne Kates Smith presents a new look at CDs, money-market funds, and savings accounts and calls Savings Bonds “another excellent deal.” The article is YOUR MONEY: Go Ahead. Wade into Savings.

In comparison to the others, however, Smith point out, “Savings Bond yields lag the action in other rates, so the best time to buy Savings Bonds is after yields peak on the alternatives. We think most rates are headed higher, even if the Fed pauses for a while.”

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FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:

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June 1, 2010

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