Savings bonds lose ground in 1962 competitive savings drive
In 1962 U S savings trends show treasury sales of series E and H bonds down 5.7 percent while commercial banks and savings institutions post sharp gains in deposits. The piece notes rising interest rates across savings accounts and calls for possible bond rate hikes to compete for funds amid large budget deficits and inflation concerns.
MENTIONED IN THIS ARTICLE
Cedar Rapiis
Treasury
U.S. Treasury
Sylvia Porier
New York
Brunswick
Germany
Israel
U.S
Vanns
Savings and Loan Associations
U. S
Savings and Joan Associations
California
New England
Picayune
US. Treasury
Kennedy
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