Derivatives got us into this mess.
You’d have to be crazy to buy into these CD’s.
I cant believe the SEC allows them.
Shoving it all into high growth stocks since June would have yielded 20% plus. Of course jump out on traditional jumping in days. (Apr 15)
You can still get 4 & 5 percent state issued general obligation municipal bonds on the secondary market with little to no risk. If you live in the state of purchase they are state & federal double tax free. Stay away from this junk !