[ken1706]

Probably a good example of the flat yield curve would be ING CD rates. Going from 1 to 2yr, the rates rise 0.35% (4.15 to 4.50). Going from 2 to 5yrs, the rate only rises 0.25% to 4.75%. I don't see much reason to go longer than 2 years at ING. Although I have to admit it's hard to predict future interest rates.

One thing I like about ING is how easy it is to get a CD online after you have a savings account. Since there's no minimum, I would recommend getting many small CDs rather than one. That way, if you need the money, you only need to break 1 or 2 CDs rather than take the penalty on one large CD.

For example, instead of getting one 5K CD, open five 1K CDs. Does anybody know of any issues with opening multiple CDs at ING?