Here's a look at the state of CD rates from Bankrate.com's weekly national survey of large banks and thrifts conducted Dec. 9, 2009.
CDsYields: 0.83 percent (1-year CD yield); 2.08 percent (5-year CD yield)
Concerns about the stamina of the economic recovery are driving down some fixed income yields as investors wonder if the stock market rally is a bit winded.
The average yield on one-year CDs, as surveyed by Bankrate.com, held steady this week at 0.83 percent, but the five-year yield dropped 9 basis points to 2.08 percent. Jumbo CDs performed similarly, with the one-year average yield losing 2 basis points to come in at 0.89 percent while the five-year fell 8 basis points to 2.11 percent.
Money market accounts shed 2 basis points; the average yield is now 0.25 percent.
Check 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.
See all CD rates content.
-- Laura Bruce