High Yield CDs for October

According to the Nightly Business Report, Americans (who currently have one of the lowest saving rates in the world), are going to start saving more, due to declining home prices. Now that we can no longer think of our homes as a piggy bank or ATM machine, and Market volatility is at an all time high,  It's time to diversify your Bonds, bitches.

Actually, that's more of a figure of speech. What I'm going to focus on for the most part here is High Yield CDs.

E-Loan has some decent High Yield CDs right now. Check out the 6 Month rate of 4.02% and 1 Year rate of 4.35% here https://savings.eloan.com

H&R Block Bank has a 4.25% 6 month rate, you can check that out here: http://www.hrblock.com/bank/index.html 

Amtrust Direct has aa decent 4.35% 6 month Rate. Take a look here: https://www.amtrustdirect.com/

If you don't want your money tied up for 6 months, you can always check out the Online Savings offered by HSBC, they're offering a 3.25% APY. http://www.hsbcusa.com/

As far as Bonds go, some of you may not know that you can buy Treasury Bonds electronically straight from the government these days.Check out https://www.treasurydirect.gov/. The series I bonds give a rate of return based on the Inflation rate. The yield right now is 4.84%.