- 0.25% (1-year CD yields)
- 0.79% (5-year CD yields)
The yield on the benchmark five-year certificate of deposit was unchanged from last week at 0.79 percent, according to Bankrate's weekly survey. The one-year CD yield also stayed steady this week at 0.25 percent.
Jumbo CD yields inched down this week. The average one-year jumbo CD yield fell 1 basis point to 0.27 percent from 0.28 percent. One basis point equals one-hundredth of 1 percentage point. The five-year jumbo CD yield also slipped 1 basis point to 0.81 percent from 0.82 percent. A jumbo CD is available for a deposit of $100,000.
The average money market account yield fell 1 basis point to 0.11 percent from 0.12 percent, where it had been for 16 straight weeks.
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