Can Certificates of Deposit (CDs) Lose Value?
A certificate of deposit (CD) is a monetary product provided by banks and credit score unions that provides a fixed interest rate fee for a selected time frame. Practically each monetary establishment gives CDs as an choice, and, like different banking deposits, the Federal Deposit Insurance Corp. (FDIC) insures customary CDs ought to the financial institution fail.1 Subsequently, CDs are among … Read next