Thursday, February 2, 2012

Now THIS Is Why Interest Rates Are So Low

Joe Weisenthal

Earlier we angered some folks when we pointed out that you shouldn't blame Bernanke for low interest rates on your savings deposits, but rather blame the lack of growth, and the incredible demand for risk-free, liquid instruments.

It turns out, we could have made that argument in chart form very easily.

First, here's a look at 3-month CD rates.

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