Yahoo! News - John Waggoner:Investing - Rising rates aid income investors

Yahoo! News - John Waggoner:Investing - Rising rates aid income investors: "CD rates tend to rise more slowly than loan rates. But the trend in CD rates is up. The average one-year CD now yields 3.1%, up 1.1% from a year ago. David Wyss, senior U.S. economist at Standard & Poor's, thinks the Fed will boost rates to about 2 percentage points above the core inflation rate, currently 2.4%. That would put fed funds between 4% and 4.5% by the end of the year, Wyss says"