Bond Bears Dumping Two-Year Treasuries Defy History

Quote from hoodooman:

2 year cd rates as high as 2.95% in north carolina.

yes but the big money cant invest in these. If pimco wants to deploy $10b, FDIC guarantees will be no good. CDs would be loaded with credit risk
 
Quote from hoodooman:

Right. I have 7 bank accounts in cd's now.:D

Right, the FDIC is giving money away. Ally bank was paying something ridiculous a while back. Wamu was paying 5% before they failed
 
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