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Fixed term bonds hit new highs – is now the time to fix?

Top fixed rates have crept over 5% as UK inflation has shaken up the savings market. We look at what could be next for fixed-term rates and how to tailor your cash to work harder for you.
Fixed term bonds hit new highs – is now the time to fix?

Important information - This article isn’t personal advice. If you’re not sure whether an investment is right for you please seek advice. If you choose to invest the value of your investment will rise and fall, so you could get back less than you put in.

This article is more than 6 months old

It was correct at the time of publishing. Our views and any references to tax, investment, and pension rules may have changed since then.

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Written by
hargreaves-lansdown-news
Duncan Jeffery
Active Savings Lead
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Article history
Published: 26th May 2023