As of 10 am ET 07/10/2025, here are the highest rates, at either Charles Schwab brokerage and/or Vanguard brokerage for non-callable, new-issue brokered CDs with terms of 3-month, 6-month, 9-month, 1-year, 18-month, 2-year, 3-year, 4-year, and 5-year:
3-month: 4.35% (Mizrahi Tefahot Bank CA)
6-month: 4.20% (Barclays Bank Delaware DE, BofA)
9-month: 4.20% (WF)
1-year: 4.10% (WF)
18-month: 4.00% (Live Oak Banking Company NC – monthly sold out, MSB, MSPB, Western Alliance Bank AZ)
2-year: 4.00% (MSB, MSPB)
3-year: 4.00% (MSB, MSPB)
4-year: 4.05% (MSB, MSPB)
5-year: 4.05% (MSB, MSPB)
Large issuers abbreviations:
AMEX=> American Express National Bank, UT; BofA => Bank of America NA, NC;
GSB => Goldman Sachs Bank USA, NY;
MSB => Morgan Stanley Bank, UT; MSPB => Morgan Stanley Private Bank, NY;
SCHW => Charles Schwab Bank, TX; UBS => UBS Bank USA, UT; WF=> Wells Fargo Bank, SD.
Notes: For those staying liquid, here are the previous ten, weekly 4-week T-bill auctions most recently yielding investment rates: 4.313%, 4.068%, 4.129%, 4.150%, 4.242%, 4.288%, 4.293%, 4.293%, 4.298%, 4.313%.
Current Money Market yields as of 07/09/25 at Vanguard are (VMFXX (Settlement fund) 4.22%, VUSXX (Treasury) 4.18%, VMRXX (Cash Reserves Admiral) 4.23%).
As of July 2, 2025, ICI reported to the Federal Reserve that $7.08 trillion of cash is parked in money market funds. This is an increase of $55.56 billion from the prior week.