Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
M*'s Samuel Lee looked at 31 short-term bond ETFs and compared them with some bank CD rates, concluding that bank CDs are better right now. He notes that Synchrony Bank and Barclays offer 5-year CDs yielding 2.25%. "There is no better deal out there in fixed income," he says.
Melrose Credit Union, Massachusetts. 2.25% rate, 2.27% yield. Still pathetically low. But insured, guaranteed. Lock your money up for 5 years and you're losing purchasing power, this way.
Comments
...I cannot recommend it, but if you have a minimum of $25,000 and willing to go 10 years out, you can get 3.8% here.
http://www.israelbonds.com/invest/investments-current-rates.aspx