I'm considering a 2yr bond for an investment amount of £150k.
Using First Saving as an example the rate for monthly interest is 5.98% over 2yrs.
Generally I think it's anticipated that the BoE will raise interest rates again. Will bond rates improve if they do? I appreciate this may be a "how long is a piece of string question". I'm just trying to get a broad feel for future interest payments on the amount I've quoted above, before I lock into a 2 yr bond.
Thank you for any replies in advance you Fools
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