cds

CD rates for Sept. 5, 2013

 

I'm Greg McBride, senior financial analyst with Bankrate.com, and here is your weekly look at yields on certificates of deposit.

The average four-year CD yield inched higher, back to 0.62 percent, reversing last week's decline. The average four-year CD yield has fluctuated between 0.61 percent and 0.62 percent since mid-May. The average five-year CD yield ticked lower to 0.78 percent. Similarly, the average five-year CD yield has fluctuated between 0.77 percent and 0.79 percent since late April.

With yields on longer-term CDs rangebound and short-term CDs holding steady, clearly we're seeing no real progress on deposit yields.

Nevertheless, to find the best yields on all CD maturities, as well as other savings instruments, go to Bankrate.com.

I'm Greg McBride.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CAR & MONEY NEWSLETTER

Get cost-cutting tips for buying, selling and maintaining your wheels. Delivered monthly.

advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Cheap gas boosts holiday travel

With gas prices at the lowest they have been for Thanksgiving in five years, holiday travel this year will be up significantly, says AAA.  ... Read more


Connect with us