CD Rates Hold a Third Week;
12-Month Leads at 2.837%

CD APYs held steady for a third consecutive week, posting the tightest range yet in this tracking series. No tracked term moved more than 0.004 points. The benchmark 12-month edged down 0.002 points to 2.837% and still leads the curve; the 6-month inched up to an even 2.700%, its fourth straight weekly gain.

📊 Full 8-term CD data: 15,228 institution-term combinations tracked, up from 15,195 last week.

NATIONAL: Current CD rates held steady for a third consecutive week through June 1, 2026, posting the tightest range yet in this tracking series. No tracked term moved more than 0.004 points. The largest mover was the 24-month CD, which eased 0.004 points to 2.697%, slipping back below 2.70% after a single week above it. The benchmark 12-month CD edged down 0.002 points to 2.837% and remains the curve’s highest yield. Six terms declined fractionally and two gained fractionally.

Short-term CDs were nearly flat. The 3-month CD eased 0.003 points to 1.915%. The 6-month edged up 0.002 points to an even 2.700%, a fourth consecutive weekly gain, the only term with any sustained direction, though the moves remain far too small to call notable. The spread between 3-month and 6-month CDs widened to 0.785 percentage points from last week’s 0.780, as the 6-month continued to inch ahead of the short end.

Mid-term CDs were quiet across the board. The benchmark 12-month edged down just 0.002 points to 2.837% after holding essentially flat for two weeks; it remains the curve’s highest yield. The 18-month nudged up 0.001 points to 2.658%. The 24-month posted the week’s largest move, easing 0.004 points to 2.697%, slipping back below the 2.70% mark after a single week above it. At 2.837%, the 12-month continues to lead the curve, with the 6-month now the third-highest yield at 2.700%.

Long-term CDs were equally subdued. The 36-month CD eased 0.003 points to 2.634%, the 48-month CD slipped 0.003 points to 2.622%, and the 60-month eased 0.003 points to 2.724%. The 12-month-to-60-month spread held at 0.113 points, virtually identical to last week’s 0.112; the term-structure inversion that has defined this market for over a month remains firmly in place, neither widening nor compressing.

Three consecutive weeks of near-total stability now mark a clear and sustained shift from the spring’s repricing activity. The 12-month-to-60-month spread, the most-watched indicator of term-structure inversion in CD pricing, held at 0.113 points, essentially unchanged for a fourth straight week. When the curve sits this still for this long, it usually reflects institutions waiting on a catalyst: a shift in Treasury yields, a change in competitive deposit dynamics, or a clearer signal on the rate outlook. Until one arrives, the pattern of fractional, directionless weekly moves is likely to continue.

For savers, the practical takeaway is unchanged from the past two weeks: nothing meaningful has moved, and there is no urgency created by rate movement. The 12-month at 2.837% remains the curve’s highest yield, with the 60-month at 2.724% the nearest long-term alternative. The 6-month now sits at an even 2.700%, edging just ahead of the 24-month after that term eased to 2.697%. Coverage continued to expand. MonitorBankRates.com tracked 15,228 institution-term combinations this week, up 33 from last week. Savers weighing where to lock in can compare full term detail and history on the weekly CD rate trends page.