Subject: Re: Short term cash yields
Vanguard Federal Money Market Fund (VMFXX)is the default fund for the Vanguard Brokerage Account settlement fund. is 5.29%.

I'm seeing a JPM 1 year brokered CD paying 5.75%. I have a No-Penalty CD from a bank paying 4.9%, debating about breaking it and moving the money to the brokered CD.

Sad that Merrill/BAC pay virtually nothing.