5-Yr TIPS auction is next week Thursday. IMO, they are the next best to I-Bonds.
https://www.mutualfundobserver.com/discuss/discussion/comment/150182/#Comment_150182
Real rates are up too and 5-yr real rate is 0.45%.
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_real_yield_curve&field_tdr_date_value_month=202206

CDs are attractive relative to money market. The 18-month ladder that @Tarwheel suggested is near the sweet spot. When the rates go higher later this year (several more rate hikes are anticipated), start a second CD-ladder. Will check out our local banks and credit unions.
I bonds are also great, but only wish one can buy more than $10K per year (plus $5K additional from previous year tax refund).

If this was posted previous , my apology.
https://www.barrons.com/advisor/articles/sec-charles-schwab-robo-advisor-cash-allocation-51655134638
ADDED : As it stands now ,investors should be happy they had to much allocated in saving account ! Maybe Chuck will appeal ?!

VYM is paying a 2.72% dividend. SPY is paying 1.38%.
Not sure if ETFs of mutual funds adjust the dividend daily like a stock does so this dividend payout percentages may be stale.

I got into cryptolending last fall and closed out my position earning 7% over a month ago when things first getting a bit ... bumpy in cryptoland. The timing was right as I needed the play money to help pay for home rennovations. lol (Some places offered 15, 20, 25% interest, which I avoided like the plague!)
Anyway, one of my biggest concerns that got me to punch out was counterparty risk with firms lending to other firms lending to other firms and levering up along the way. So at the moment, seeing the various crypto exchanges laying people off, restricting withdrawls, reducing interest rates, etc, etc makes me wonder how the risk folks at Genesis Trading are feeling these days since they lend to the institutional whales in cryptoland.....I can't believe they're not having some very sleepless nights right now, b/c if THEY have problems, chaos will ensue.

There are some 2X funds that do. But haven’t seen any 1X.

I just created an 18-month CD ladder with cash that was sitting in a money market earning nothing. Overall, my ladder is yielding 2%, which isn’t great but much better than 0.2%. The CDs mature every 3 months, so I can take advantage of further rate increases.

+1. Thanks, @yogibearbull.

Another avenue would be stocks at 4% (in the form of a dividend). For example TROW is at 4.16%
https://finance.yahoo.com/quote/TROW?p=TROW

Yes, just since this Spring, I'm into single-stocks, and have chosen them with dividends in mind. This is a mutual fund discussion board, though. When I look at the TRP Equity Income fund, PRFDX, the yield is just plain paltry. Same with everyone's darling, PRWCX. But I own a big slug of it, because in the end, it's TOTAL RETURN we're after. Also look at FFGCX (Commodities) and BMO Bank of Montreal. Yield on the former is 2.61%, not really in the same ballpark with TROW. But BMO? Dividend yield is at 3.99%. "Close enough for gov't work." Have a cigar. One more: PSTL. Postal Realty Trust, with a div. yield of 6%. (I own none of these.)

Another avenue would be stocks at 4% (in the form of a dividend). For example TROW is at 4.16%
https://finance.yahoo.com/quote/TROW?p=TROW

Yay!

https://www.screencast.com/t/pTjo2Q2ZUig
I know relative to inflation not good.
Still, nice to see.

@rforno - Sounds logical. I’m thinking a half point rate hike. But language designed to ease the market stresses. Potentially a rebound Wednesday - if only short lived.
It feels more like “investing” now. Things got too damn easy for a few years. :)
Sorry for those in crypto. Afraid a lot of inexperienced people got suckered in by the lure of easy money. And their losses may greatly affect the economy going forward.
Side note: Amazon got slammed. PRWCX now down 15.35% YTD.

#Volatility rose sharply across the board today.
SP500 $VIX 34.02 +22.59%
Nasdaq-100 $VXN 40.36 +18.81%
Bond $MOVE 139.21 +21.87%
Oil $OVX 47.56% +10.81%
But SP500 $SKEW was moderate at 124.14 +2.06%
#Cryptos crashed.
#Markets

That was UGLY!
https://stockcharts.com/h-perf/ui?s=$SPX&compare=$COMPQ,$INDU,$TRAN,IWM&id=p30172872605
Substituting DJ Utilities for DJ Transports. Utilities have been better, but not if one added to them in April.
https://stockcharts.com/h-perf/ui?s=$SPX&compare=$COMPQ,$INDU,$UTIL,IWM&id=p05603484015

@edmund
Well yes. +100
Couldn't agree with you more.
Best of luck to all
Baseball Fan

Thanks. Looks like good bedtime reading. (The short version is fine.none need to link the 15 page White-paper.)

Coincident to this thread, in the 6/13 WSJ is an article titled: "How the Fed and the Biden Administration got Inflation Wrong" (its behind a pay/subscription wall).
Fair-use excerpts: (paraphrased)
-Yellen urged Biden to spend, to avoid the "austerity path" which Obama took after the GFC.
-Powell bemoaned the "long years of underemployment" after GFC.
-Dems wanted to spend more to further their social agenda ("Great Society 2.0")
-More "relief checks" even when labor shortages were becoming apparent.
-“If you look back in hindsight then, yes, it probably would’ve been better to have raised rates earlier,” Federal Reserve Chairman Jerry said in an interview last month.
-They blame the "models" for getting it wrong. So I guess their Excel spreadsheet was broken?
===
Maybe we can put a stake in the idea that the "team" didn't get this terribly wrong. Yellen acknowledged it. Jerry acknowledges it.
-Pay workers to not work. Penalize (oil-) producers to supply. "Gun" the money supply 40%. Guys, this is "Econ 101, aggregate supply & demand. They "gunned" demand by sending out helicopter money, and suppressing the price of money (interest rates), and they constrained supply (aided by paying workers to stay home & not produce).
The "team" made decisions based on emotion, partisan dogma and a lot of "groupthink".
Enjoy filling up the gas tank.
Are you better off now than you were 4 years ago?

Tar, no problem -- You are fine with the predicament we are in. We can agree to disagree. Enjoy filling up the gas tank, and giving Putin more leverage, not by anyone's intent, but definitely by effect, by burnishing ESG credentials. Since oil production is still needed, we can either produce here -- where environmental standards can be enforced -- or to our 'friends' in the Persian Gulf, and Russia.
I've no problem holding others accountable --- You mentioned CEOs" Sure, agreed. Both parties spent the past 40 years allowing CEOs to offshore US jobs to our strategic competitor. -- The 1st guy to fight it was... Trump. Once upon a time, the US produced the vast majority of chips used in the domestic economy. -- The supply chain mishaps would largely have been avoided if we still produced what we use/need. Why are the feed stocks for most of the pharmaceuticals we consume sourced from China? And the rare earth minerals in our electronics? -- Heck the rapid spread of the virus itself was accelerated because the economy is so very globalized..
In fact, back to the whole "Global warming" issue, if GW is so important, why have the GW advocates not insisted we build locally -- to reduce greenhouse gases from these round-the-world supply chains? -- Their silence on that is astounding -- if they are sincere..
As for 'holding Trump accountable' -- well Trump holds no office, and was fired in 2020, so holding someone accountable who has no current official powers, may be emotionally satisfying, but really, what is the point?
The point of holding public officials accountable is not to do a "gotcha". Its to remove incompetents (or those who do not operate in the public interest) from positions of power, and discourage wrong-headed decisions by the next guys who take over.
Thus endeth Civics 101 class for today.