Oyin Adedoyin

speaker

1,572 appearances 36 recordings 1 series first heard Mar 2023 last heard Feb 2025

Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Where to Invest Your Cash When Interest Rates Come Down · 21 Mar 2024 podcast

And after that, she started to build a ladder out of half a dozen six-month Treasury bills. voice-verified

That was easy to do last year because yields just continued to go up. voice-verified

But this year, it seems like people are either deciding to separate themselves from these types of investing instruments or get into longer-term cash deposit instruments. voice-verified

People have been buying CDs with the most attractive yields. voice-verified

According to Kyrnos, a data and consulting firm, about 60 percent of all CDs that consumers purchased in February were yielding above 5 percent. voice-verified

And nearly all of those stood above 4.5 percent. voice-verified

So people are still even this year looking for the most attractive yield they can find. voice-verified

It basically just means buying different durations of treasury bills or CDs at different times so that when one duration matures, you can put it into another CD or treasury bill without interrupting the yield on another duration. voice-verified

Well, in anticipation for rate cuts, banks are already starting to offer highest yields for shorter terms. voice-verified

So about 70% of high-rate CDs that opened in February lasted less than a year. voice-verified

Financial analysts say that most consumers look at the rate first and the term second. voice-verified

People are grabbing those shorter-term yields, but the term's probably going to be more important going into the future, especially if the central bank does decide to cut rates later this year. voice-verified

If interest rates do fall this year, someone who buys a one-year CD today at, say, 5% or above might end up gaining more in interest than someone who locks in a higher rate for only six months. voice-verified

Now, that's, of course, if the CD isn't callable, which means that the bank can stop issuing it at any time, and that means that the person who bought the CD might miss out on that extra interest. voice-verified

Usually, CDs will come with a descriptor that includes what type of CD it is, or you can inquire further with the bank that you're buying it from. voice-verified

Exactly. voice-verified

I spoke with a financial advisor in Kansas who said that some of her clients have already started moving the money that has matured from their CDs or treasury bills back into the stock market. voice-verified

Actually, the woman in Connecticut is also doing that, though she's not a client of the advisor in Kansas. voice-verified

With the S&P 500 rising as high as 32 percent over the past year, as of earlier this week, it's no question why people are looking at that as a more attractive investment now. voice-verified

At that point, if the Fed does cut rates, that could mean that mortgage rates might be a little bit more attractive. voice-verified

Showing 661–680 of 1,572 · page 34 of 79