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It’s time for the monthly check-up on CD and high-yield savings rates. As usual, I used the fabulous 
service of MoneyAisle, the on-line auction house. All MoneyAisle participating banks are FDIC insured. For a $10,000 deposit, here is what the MoneyAisle auction could get me if I buy a CD for various time frames:
| CD Length in Months | APR 10/1/09 | APR 11/2/09 |
| 12 | 2.05 | 2 |
| 24 | 2.50 | 2.28 |
| 36 | 2.83 | 2.82 |
| 48 | 3.05 | 3.04 |
| 60 | 3.5 | 3.35 |
As you can see, across every time frame tested, rates are again slightly lower compared to last month. For comparison purposes, a participating MoneyAisle bank offered me a 1.61% rate on a high-yield savings account (the rate was 1.85% last month). By the way, the high-yield savings rate has slipped from 2.03% in July to the 1.61% current rate.
Savings rates continue at relatively low levels as the economy struggles to climb out of the Great Recession. Longer term economic forecasts may be improving, but we’ve yet to see that optimism reflected in savings rates. Use this table to compare the rates you're receiving on your emergency or short-term savings and decide if you're satisfied with your return. If not, consider using MoneyAisle to improve your returns.
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