Adjusting To Low Interest Rates – The Alternatives
Adjusting to Low Interest Rates – The Alternatives
The world is flat – almost completely, if you measure it in money.
Here’s the proof. Interest rates on New Zealand Term Deposits (TDs) are almost the same stretching from 6 months out to 5 years. In fact, currently you’d be more likely to earn less on a 5 year term than a 6 month term. This is what is referred to as an inverted or negative yield curve, as depicted in the below InvestNow Term Deposit rate chart. […]