CDsYields: 0.96 percent (1-year CD yield); 2.19 percent (5-year CD yield)
Wonders never cease. It is possible for CD yields to rise. There's no saying if they'll flip-flop next week, but we'll take the good news while we can. Yields for the products surveyed in this report rose across the board. The longer-term maturities saw the biggest boost, but the shorter-term yields are joining the party.
The average yield for one-year CDs, as surveyed by Bankrate.com, rose 2 basis points this week to 0.96 percent. The average yield for a five-year CD popped 7 basis points to 2.26 percent.
Jumbo CDs saw comparable results, with the average one-year yield rising 1 basis point to 1.03 percent, and the five-year reaching 2.29 percent versus last week's 2.24 percent.
The average yield for money market accounts nudged up 1 basis point to 0.33 percent.
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