CD is as risky as the issuing bank. If the bank bankrupted, the CD money is gone, down to the FDIC insured amount.
Re:The U.S. Yield Curve Has Inverted
by brianpgordon on Saturday December 08, 2018 @04:52AM
(#18634627)
What? Obviously I'm not saying that you'd buy more than $250k of CDs at a single bank. Where are you coming up with this?
Many retail brokerages will sell you CDs commission-free and keep track of everything for you. They get a commission from the bank for selling them to you. Schwab has a CD search tool with results that keep going page after page after page. I'm sure if you had a billion dollars they'd be happy to have a broker make the purchases for you.