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This means that the recent high returns on U.S. treasuries and savings accounts may no longer be available soon.
Heres what you’re able to do tomake the most of higher rateswhile they are still available.
How Do Rate Cuts Affect Your Savings?
Heres what you might do to maximize your returns for as long as possible.
A CD is a bang out of savings account provided by your bank.
What this means in simple terms is that short-term bonds give investors higher returns than longer-term bonds.
This usually happens when the market expects a recession.
You should also be aware of any minimum deposit requirements or withdrawal fees.
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