CDs Edge Out Savings Amid Higher Rates for a $60,000 Balance

A CBS News MoneyWatch comparison finds that for $60,000, CDs currently yield the most over 6 months, 9 months, and 1 year (roughly $1,217, $1,813, and $2,460 with the given rates), ahead of high-yield savings about $1,197, $1,805, and $2,418 and money market about $1,159, $1,747, and $2,340. CDs offer fixed, guaranteed returns, while the other options provide more flexibility but may not rise as quickly if rates stay unchanged; many savers may split funds to balance growth with access.