Money Market Rates Hold;
High-Yield Steady at 3.063%

Money market rates barely moved this week. High-yield money market, by far the highest tier on the board, held exactly at 3.063%, while the other four tiers drifted by hundredths. Jumbo and standard inched up; credit union and business eased. The defining feature of this market is still the enormous high-yield premium, more than two and a third points above the standard tier. With the Fed having held June 17 and signaling higher for longer, these yields stay range-bound.

📊 Full 5-tier money market data: 1,705 institutions tracked across all 50 states.

NATIONAL: MMA APYs were essentially flat the week ending June 29, 2026, with the dominant high-yield tier unchanged and the rest barely moving. High-yield money market held at 3.063%, more than double the next-highest tier and over two and a third points above the standard average. Below it the moves were tiny: jumbo added 0.014 points to 1.795% and standard inched up 0.001 points to 0.732%, while credit union eased 0.012 points to 1.282% and business slipped 0.009 points to 1.028%.

High-yield money market is the whole story here, and it did not budge. At 3.063%, unchanged on the week, it remains the single best liquid deposit yield MonitorBankRates.com tracks: it tops high-yield savings at 1.994% and even out-yields the one-year CD at 2.831%, all without locking the money up. That is unusual, and it is why the high-yield tier is the only corner of the money market worth chasing. Everything else sits far below it.

The middle and lower tiers moved only at the margin. Jumbo money market, the second-highest tier, rose 0.014 points to 1.795%. Credit union money market eased 0.012 points to 1.282%, and business money market slipped 0.009 points to 1.028%. Standard money market, the broad-market tier and the lowest of the five, inched up 0.001 points to 0.732%. None of these moves is large enough to change where any tier sits.

The gap is the point. At 2.331 points between the high-yield and standard tiers, a saver sitting in a standard money market account earns less than a quarter of what the high-yield tier pays. That is the widest rate-shopping spread on the entire deposit board, wider than anything in savings or CDs, and it barely moved this week. A quick word on the numbers, too: these are national averages, drawn from rates collected directly off institution websites, so what any one saver earns depends on the bank and the balance. Someone comparing Florida money market rates, for instance, can line up the best in-state and online options against this national picture.

A flat week in the money market is the usual week. The high-yield tier carries the only yield in this market worth chasing, and it held steady, while the rest of the board sat far below it and barely moved. Standard money market at 0.732% is the broad-market reality for most account holders, only a touch above a basic savings account, while the high-yield tier pays better than four times as much. That gap, more than two and a third points, is the widest opportunity on the deposit board, and closing it is simply a matter of moving money to a competitive account, not waiting on the market.

The Federal Reserve sets the ceiling here. On June 17 the FOMC held the federal funds rate at 3.50% to 3.75% for a fourth straight meeting, the first under new Chair Kevin Warsh, and its projections turned hawkish, pointing to a possible hike rather than a cut. Money market APYs are variable and track the Fed closely at the top of the market, so the high-yield tier sits where policy holds it: parked, just over 3%. The unusual part is that this liquid tier currently out-yields both high-yield savings and the one-year CD, which makes it well-positioned if the next move is a hike, since it would rise with the Fed and carries no lock-in. The catch is that high-yield money market accounts often attach balance minimums or tiers, so it is worth reading the fine print and learning how to find the best money market rates before moving cash. Tier-by-tier detail lives on the money market rate trends page.