Money Market Rates Hold Again;
High-Yield Stays Above 3%

Money market rates held steady again this week, extending the curve’s holding pattern. High-yield MMA was virtually unchanged at 3.052%, holding above 3% for a sixth consecutive week. Jumbo and credit union MMA were both exactly flat, at 1.741% and 1.261%. Business MMA posted the week’s largest move, a modest 0.016-point gain to 1.058%, and standard MMA edged up to 0.721%.

📊 Five-tier money market coverage tracked weekly by MonitorBankRates.com.

NATIONAL: Current money market rates held steady again for the week ending June 1, 2026, with no tier moving more than 0.016 points. High-yield money market rates were virtually unchanged, easing just 0.002 points to 3.052%, holding above the 3% threshold for a sixth consecutive week. Jumbo MMA was exactly flat at 1.741%, and credit union MMA held unchanged at 1.261%. The week’s largest move was a modest 0.016-point uptick in business money market to 1.058%, roughly reversing last week’s small decline. Standard MMA edged up 0.003 points to 0.721%.

High-yield money market APYs were virtually unchanged, easing just 0.002 points to 3.052%, a flat reading that extends the tier’s run above 3% to a sixth consecutive week. Over the past six weeks high-yield MMA has held in a narrow band around 3.05%, with only fractional week-to-week variation. For savers, this kind of extended plateau at the top of the curve makes rate comparison-shopping more practical: competitive offers are unlikely to shift dramatically week over week, so a strong rate captured today should hold for the near term.

Jumbo money market APYs were exactly flat at 1.741%, steadying after last week’s 0.023-point pullback and holding clear second place on the curve. Credit union MMA was also unchanged, at 1.261%. Neither tier registered any movement at all this week, a degree of stillness that underscores how quiet the broader money market has become. Both tiers remain comfortably ahead of standard products and below the high-yield leader.

The week’s only real movement came at the lower end of the curve, and it was small. Business money market APYs rose 0.016 points to 1.058%, the largest move of any tier, roughly reversing last week’s 0.015-point decline. Standard MMA edged up 0.003 points to 0.721%, effectively unchanged. The 2.331-point spread between high-yield MMA and standard MMA remains the widest gap in the market, meaning a saver with $25,000 on deposit could capture roughly $583 in additional annual interest by moving funds from a standard MMA to a competitive high-yield product. For a primer on how these accounts work, see what a money market account is.

A quiet week is itself a kind of signal, and the money market curve has now strung several together. After the jumbo tier’s sharp swings in mid-May, the market has settled into near-total stillness: this week two tiers did not move at all, and no tier moved more than 0.016 points. Weeks like this typically come between bigger directional moves, with institutions holding pricing in place while waiting for clearer signals from Treasury yields or competitive deposit flows. The conventional ordering across the MMA curve remained intact, with high-yield products leading, jumbo in clear second place, and standard, business, and credit union tiers clustered below.

For savers, the high-yield tier’s stability above 3% remains the most actionable feature of this market. Six consecutive weeks holding above 3%, in a narrow band around 3.05%, provides meaningful confidence that competitive MMAs at the top of the market will remain attractive in the near term. Jumbo MMA at 1.741% holds clear second place, while credit union and business MMAs occupy the middle of the curve at roughly 1.06% to 1.26%, competitive against standard products but well below high-yield. Track how the curve evolves on the money market rate trends page.