- 0.35% (1-year CD yields)
- 1.18% (5-year CD yields)
Longer-term CD rates sank a bit this week.
The average one-year CD yield is unchanged at 0.35 percent. The average five-year yield dropped 1 basis point to 1.18 percent. A basis point is one-hundredth of 1 percentage point.
For deposits of $100,000, the average one-year jumbo CD yield is 0.4 percent. The five-year jumbo yield is down 1 basis point to 1.21 percent.
The average money market account yield remains at 0.14 percent.