Callable CDs may boast higher yields than a traditional CD, but the lender may “call” them back if interest rates fall Written By Written by Staff Personal Finance Editor, Buy Side Valerie Morris is a ...
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Should You Invest in a Callable CD?
A callable certificate of deposit typically offers a higher interest rate than a traditional CD in exchange for an unpredictable term length. If the issuer calls your CD early, you receive your ...
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