When it comes to CD rates, no news is good news. CD rates, for the most part, went 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 eleventh 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. You can read more at Bankrate's new blog for CD investors.
To find the best yields on CDs and other saving instruments, go to Bankrate.com. I’m Lucas Wysocki.