Author Topic: Money Market Rates Are Going Up In 2019!  (Read 1743 times)


  • Shogun, Administrator
  • *****
  • Posts: 474
  • Karma: +83/-1
  • Always curious
Money Market Rates Are Going Up In 2019!
« on: January 06, 2019, 04:05:49 PM »
On the one hand, rising interest rates are a headwind for risk assets. On the other hand, rising rates are great for savers.

I just got an update from CIT Bank that they have raised their money market account interest rate to 2.45% whoo hoo!

If you want to support Financial Samurai, you can sign up at

2.45% is huge b/c the 10-year bond yield is only at 2.65% or so. But you've got to hold onto the 10-year bond yield for 10 years to guarantee your annual 2.65% return.

As someone who is cashed up, looking to buy a new house, this 2.45% is the market solution given I can withdraw freely whenever I find that perfect deal.



  • Apprentice
  • *
  • Posts: 3
  • Karma: +1/-0
  • dap
Re: Money Market Rates Are Going Up In 2019!
« Reply #1 on: January 11, 2019, 03:45:26 AM »
I just noticed the 12 month CD rate at Goldman Sachs is up to 2.75.  That's a pretty good rate to start building a ladder.

I've been pleased with their online banking platform.