I'm not a big fan of bonds...they seem zero-sum to me. Right now, I'm finding 12 month 3.0% APY CDs attractive, until rates go even higher. Also, I just sold my old home, have the new (to me) one at 3.25% for 30 (could have done 2.75% for 15, but 3.25% is cheap money and the flexibility is priceless) and I parked $150K of the sales proceeds into a 60-day deal with Capital One that pays 2.0% interest plus $1K bonus, giving me over 6%, short-term and time to find the next deal out there. I expect to have a lot of time [and a decent cash-out of my 80/20 401(k)] in my upcoming retirement to play the banks (for a change) for safe returns, until P/E ratios get real again. I'm not rich and I won't get rich in fixed instruments, but I'm not going to let FOMO derail my retirement...if only the market can hold out for 6 more months, until I'm out of the 401(k)!!!