Stubbornly high inflation reaffirms the recent rhetoric of the Federal Reserve: The central bank is in no hurry to cut interest rates. It seems more apparent that the anticipated cut is unlikely to occur in June. The Fed has been wanting to see meaningful progress on inflation before it starts cutting rates. However, US consumer prices in March picked up again at 3.5%, marking the highest annual rise in the past six months. The pace was up considerably from February’s 3.2% rate as well. Even the central bank’s preferred gauge, the personal consumption expenditures (PCE) price index, has moved further from the 2% target. For now, strong employment data is buying the Fed more time to wait until inflation gets closer to the 2% target while steering away from hitting an economic recession. With interest rates being held between 5.25% to 5.50% since July 2023, what are the current yields for more accessible and liquid investment options?...