http://www.bloomberg.com/news/2011-05-23/savers-lose-as-long-term-cd-yields-fall-below-inflation.html
“Right now, people are more concerned about the return of their deposits rather than a return on their deposits,” Dan Geller, executive vice president for Market Rates, a financial data and research company, said in a telephone interview.“People are looking for this one island of safety and security, and insured deposits provides it,” he said.
“Right now, people are more concerned about the return of their deposits rather than a return on their deposits,” Dan Geller, executive vice president for Market Rates, a financial data and research company, said in a telephone interview.“People are looking for this one island of safety and security, and insured deposits provides it,” he said.
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