CDs
Yields: 1.10 percent (1-year CD yield); 2.15 percent (5-year CD yield)The flight to quality may be speeding up the erosion of CD yields. The average yield for a one-year CD, as surveyed by Bankrate.com, slipped 4 basis points this week to 1.10 percent, and the five-year fell 3 basis points to 2.15 percent.
Jumbo yields tumbled too. The average yield for the one-year now stands at 1.2 percent, down from 1.23 percent a week ago. The five-year jumbo shed 2 basis points to come in at 2.19 percent.
The average yield for money market accounts remains at 0.37 percent for the second week in a row.
Check Bankrate's Bankrate's high-yield CDs and high-yield money market account tables for some of the best returns available nationwide.
All deposit products listed with Bankrate are FDIC-insured.
-- Laura Bruce