MYGSMedford Youth Girls Softball (Massachusetts)
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The average rate on a one-year MYG dropped to 1.4% in August 2009, down from 3.4% a year earlier, and the 5-year dropped to 3.1% from 4.4%.
Although the August 2009 MYG rates were still above the 1% paid on typical bank 1-year certificates of deposit, it wasn't enough to get people buying.
That means MYG sales will be off until the interest cycle turns again.