- 0.24% (1-year CD yields)
- 0.77% (5-year CD yields)
Rates on certificates of deposit continued to tick down. The average one-year CD yield was down 1 basis point to 0.24 percent. The average five-year CD yield was also down 1 basis point to 0.77 percent. A basis point is one-hundredth of 1 percentage point.
On the jumbo end, the average one-year yield was unchanged at 0.27 percent. For the second week, the average five-year jumbo CD yield was at 0.8 percent. A jumbo CD is available for deposits of $100,000.
For the fifth week, the average money market account yield remained at 0.11 percent.
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