Do EUR CDs exist? Apparently not at IB: "IBKR offers only brokered U.S. Certificates of Deposits (CDs) which are listed for trading on a secondary market. Unlike CDs purchased directly from a bank, brokered CDs cannot be redeemed prior to maturity but can be sold prior to maturity, assuming a secondary market exists." https://www.interactivebrokers.com/lib/cstools/faq/#/content/28220937
%% SCHW money market has been paying 4.44%+, subject to change. Do have to plan 24 hours in advance, but looking under the hood looks ,much better than a foreign bank. Foreign bank sounds like a huge risk. It was not Argentina , maybe Ecuador, people commonly steal postage stamps off letters = a big time mess. Uruguay used to be like Switzerland of So America, but things change
It's a money market mutual fund (keeps net asset value at $1.00) that Vanguard uses as a default settlement fund for cash in brokerage accounts. It looks like one can also buy shares in it like other Vanguard mutual funds. https://investor.vanguard.com/investment-products/mutual-funds/profile/vmfxx
SPDR Bloomberg 1-3 Month T-Bill ETF https://finance.yahoo.com/quote/BIL iShares 0-3 Month Treasury Bond ETF https://finance.yahoo.com/quote/SGOV
%% Cool cash/ Cool Trader\ SCHW money market+ most pay 4.44% or better.Really adds up over time maybe not as good as SPY or qqq but every little bit helps...........................................
I prefer Fidelity's US Treasury's Money Market. For the bigger bucks why not be totally safe and not have to be concerned about having to become a "bank creditor". Still get 4% the last time I checked my yield.
Near-term US Treasury bonds. They’re existentially risk-free, and paying a decent (4.7%) rate right now. To get a fill for smaller amounts (less than USD10M) you might have to cross the spread, sweeten the deal, and go a few points deeper into the book. For example, say you’re buying USD100k and the Bid/Ask is 97.824/97.907, and the yield is 4.732/4.689, you’ll have to pay a bit more; and bid, say, 97.911 or so. This will bring your yield down around to 4.681, but otherwise they won’t bother with you; your order will may just sit there unfilled. Assuming you’re in the USA, munis are also a nice option, because they’re exempt from local, state, _and_ Federal tax.