- 0.23% (1-year CD yields)
- 0.78% (5-year CD yields)
Perhaps rates on certificates of deposit were feeling as sluggish post-Christmas as the rest of us. Rates and yields remained the same this week across the board.
The average one-year CD yield stayed at 0.23 percent after rising one basis point last week. A basis point is one-hundredth of a percent. For the fourth week, the average five-year yield was 0.78 percent.
A $100,000 deposit will buy a jumbo CD. The average jumbo yield for one year was 0.25 percent for the 11th week, and the five-year yield was 0.84 percent.
The average money market account yield was 0.12 percent for the 12th week.
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