Fixed deposit deals for scaredy-cats

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 d…