CDs
- 0.48% (1-year CD yields)
- 1.71% (5-year CD yields)
Here's a look at the state of CD rates from Bankrate.com's weekly national survey of large banks and thrifts conducted March 2, 2011.
CD rates were mostly unchanged this week.
The average five-year CD yield fell 1 basis point to 1.71 percent. The one-year CD yield remains 0.48 percent for the 11th week in a row.
For deposits of about $100,000, the average five-year jumbo CD yield is down 1 basis point to 1.73 percent. The yield on the average one-year jumbo CD is unchanged at 0.53 percent.
The average money market account yield is 0.18 percent for the second week in a row.
Core inflation increased in January, and that could mean rising CD rates -- eventually. Read more at Bankrate's new blog for CD investors, the CD rates blog.
Use Bankrate's rate tables to find high-yield CDs and high-yield money market accounts.
All deposit products listed with Bankrate are insured by the Federal Deposit Insurance Corp.
-- Sheyna Steiner