(MONEY Magazine) – With 10-year Treasury yields topping 5% for the first time since 2002, banks are again extolling the virtues of longer-term savings vehicles. Your best move: Do nothing. If you lock up cash in a five-year CD today, you may miss out on fatter yields later, since long-term rates are likely to continue to rise during the next six months. Moreover, the Fed is expected to boost short-term rates to at least 5%, making short-term CDs and money-markets even more attractive. In fact, the average one-year CD (3.67%) now trails the five-year by less than half a point. Plus, banks continue to roll out great short-term deals online. The latest: Citibank's new online savings account paying 4.5% (vs. 4.07% for the average five-year CD), available to customers who have a checking account with the bank.

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SAVINGS NOTES AND SOURCES: CD and money-market account data as of April 25 from 100 Highest Yields ($124 for 52 issues; 800-327-7717); all have a minimum investment of $10,000 or less. Average tax-exempt and taxable money-market fund yields for the week ended April 25 from Money Fund Report (imoneynet.com); all have a minimum investment of $10,000 or less and assets of $25 million or more. Average bond fund yields for the month ended March 31 from Lipper; all are medium- and high-quality funds without sales loads and with average maturities of three years or less. [1] Manager absorbed all or some operating expenses. [2] Closed to new investors, except Bank of America customers. CREDIT NOTES AND SOURCES: All rates subject to change. Credit-card rates are for standard cards as of April 25 from Bankrate.com and are variable unless otherwise indicated. Survey does not include Internet-only cards or AmEx Blue. [1] Visa only. [2] Fixed rate. [3] Platinum and gold cards.