The Wall Street Journal-20080116-CD Yields Fell in Latest Week

Return to: The_Wall_Street_Journal-20080116

CD Yields Fell in Latest Week

Full Text (104  words)

NEW YORK -- Yields on certificates of deposit were down in the latest week.

The average yield on six-month "jumbo" CDs, which typically require deposits of $95,000 or more, was 3.73%, down from 3.77% a week earlier, according to Bankrate.com. The yield on five-year jumbos was 3.9%, down from 3.98% a week earlier, the information service said.

The average yields on small-denomination "savings" CDs were also down. The average six-month yield was 3.27%, down from 3.33% a week earlier, said Bankrate.com. The average two-year CD yield was 3.32%, down from 3.42% and the average five-year yield was 3.71%, down from 3.77% a week earlier.