I saw the news the other day about the 10 year treasury rates being up - I don't follow this but when such news is "above the fold" on Yahoo finance I take a gander. It is at about an 18 month high and close to a 5 year high.

I took a look at MYGAs, curious about the 10 year's effect on these CD-like instruments (yes, yes, with high surrender fees, I know). A five year MYGA with A- and better credit ratings (which translates to a year one default risk of 0.15% per rating agency AM Best, and MYGAs are guaranteed by state agencies) is paying upwards of 6.55% per blueprint income.com. I used them once, early this year, for an MYGA purchase with no issues.

Compared to Marcus.com (aka Goldman Sachs, pretty good rates, might be better but probably not more than a tenth or two elsewhere) 5 year CD offering at 4.35%, this may be a compelling bump for those chasing fixed instrument yield, with what I felt is a rather low risk.

The spread was better at 7 years, with an MYGA paying as much as 6.95% (Marcus has a 6 year CD at 4.35% also, no 7 year).

An arithmetically worthy option to consider. I'll be looking at these again in January when my next fixed rung matures and I roll them out to a 5 year somethingsomething.