The CD Rate Conundrum: A Cautionary Tale for Software Engineers The world of high yield CDs has been making headlines, with rates reaching 4. 15% APY at Synchrony Bank.
As a software engineer, I'm drawn to the parallels between financial markets and the tech industry. CD rates have much in common with programming language popularity.
Certain languages, like C++ and Java, have devoted followings and die hard fans, just as online banks like Synchrony Bank are winning over customers with their competitive rates.