CD Rates Hold Steady;
24-Month Edges to 2.701%

CD APYs held steady for a second consecutive week, extending the quietest stretch in this tracking series. Six of eight tracked terms moved less than 0.005 points. The benchmark 12-month was virtually unchanged at 2.839%; the 24-month posted the week’s largest move at +0.012 points to 2.701%.

📊 Full 8-term CD data — 15,195 institution-term combinations tracked, up from 15,108 last week.

NATIONAL — National certificate of deposit APYs held steady for a second consecutive week through May 25, 2026, extending the quietest stretch in this tracking series. Six of the eight tracked terms moved less than 0.005 points. The largest mover was the 24-month CD at +0.012 points to 2.701%. The benchmark 12-month CD was virtually unchanged, edging up 0.001 points to 2.839%. Six terms gained fractionally and two declined fractionally.

Short-term CDs were nearly flat. 3-month CD rates eased 0.007 points to 1.918%, giving back exactly last week’s small gain. The 6-month edged up 0.009 points to 2.698%, a third consecutive weekly gain — the only term with a sustained directional trend, though the moves remain too small to call notable. The spread between 3-month and 6-month CDs widened to 0.780 percentage points from last week’s 0.764, as the 6-month continued to inch ahead of the short end.

Mid-term CDs were quiet apart from the 24-month. The benchmark 12-month edged up just 0.001 points to 2.839% — effectively unchanged, and now flat for two weeks running. The 18-month CD nudged up 0.001 points to 2.657%. The 24-month posted the week’s largest move, rising 0.012 points to 2.701% — crossing back above the 2.70% mark after holding flat last week. At 2.839%, the 12-month continues to lead the curve.

Long-term CDs were equally subdued. 36-month rates edged up 0.005 points to 2.637%, 48-month rates eased 0.002 points to 2.625%, and the 60-month edged up 0.002 points to 2.727%. The 12-month-to-60-month spread held at 0.112 points, virtually identical to last week’s 0.113 — the term-structure inversion that has defined this market for over a month remains firmly in place, neither widening nor compressing.

Two consecutive weeks of near-total stability mark a clear 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 0.112 points, essentially unchanged for the third 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 the same as last week: nothing meaningful has changed, and there is no urgency created by rate movement. The 12-month at 2.839% remains the curve’s highest yield, with the 60-month at 2.727% the nearest long-term alternative. The 24-month at 2.701% is the only other term above 2.70%. Coverage continued to expand — MonitorBankRates.com tracked 15,195 institution-term combinations this week, up 87 from last week. Savers weighing where to lock in can compare full term detail and history on the CD rate trends page.