Certificate of Deposit Rates are Stable as Bond Yields Drop

As equity markets tank and oil continues to drop, rates on certificates of deposit are stable  in 2015. The uncertainty in the markets is driving the classic investor flight to quality as investors rush to buy U.S. Treasuries, forcing yields lower. 10 year bond yields are under 2.00 percent and traded as low as 1.89 percent today. Last month 10 year bond yields were as high as 2.25 percent.