DISTURBED by how markets keep going up? Feeling left out of the cryptocurrency boom (or bust)? Think it's too late to make any return on your money? Have no fear. Thanks to US Fed rate hikes, we are now getting an opportunity to earn some kind of return on our savings.

Yields on two-year US Treasuries, for example, have shot up from 0.6 per cent in mid-2016 to 2 per cent today. This means yields have more than tripled in one and a half years.

In Singapore, yields of the one-year T-bill, the shortest duration at which which we can lend our AAA-rated government money today, is up from 0.3 per cent for much of 2014 to a high of 1.8 per cent at the end of 2017. It has since fallen to 1.4 per cent on Thursday, but is still averaging 1.6 per cent this year.