CDs
Yields: 1.26 percent (1-year CD yield); 2.23 percent (5-year CD yield)CD yields appear to have stabilized -- at least for the time being. The average yield for one-year CDs, as surveyed by Bankrate.com, is 1.26 percent, down 2 basis points from last week. The average yield for five-year CDs came in at 2.23 percent, a decline of 1 basis point.
The jumbo CD yields highlighted in this report performed in a similar fashion, with both shedding 1 basis point from last week. The one-year now stands at 1.38 percent while the five-year is at 2.25 percent.
CD yields have quieted considerably recently, dropping 1 or 2 basis points each week; a far cry from the double-digit drops we saw earlier this year.
Check Bankrate's Bankrate's high-yield CDs and high-yield money market account tables for some of the best returns available nationwide.
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-- Laura Bruce