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CD Rates Update > 3/15/2013

Graph of 5-Year CD: National Rate of Banks

CD Rates endured further decline over the last week due amid positive economic indicators and record high levels in the stock market.  The average short term yield for one-year CD was 0.22% for the week, down .05% in a couple weeks time.  The average yield for a longer term five-year CD was 0.78% for same time frame, down .08% from two weeks back.

The average Money Market account yielded 0.10 again for the week after a decline of .02% for the week.  How low can CD Rates possibly get?  We will see.  RatesGuide.com provides the latest CD Interest Rates and Money Market updates.

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