The Illusion of Safety in High Yield CDs The latest numbers on certificate of deposit (CD) rates have been making headlines, with some institutions offering returns as high as 4. 30% APY.
At first glance, this may seem like a welcome respite for savers looking to boost their returns without taking on too much risk.
However, scratch beneath the surface and you'll find that these high yield CDs are not quite as secure as they appear.