The yield on a money market fund adjusts to the current market. You aren’t at the mercy of a bank’s decision to catch up or stay behind.
Treasuries pay a higher yield and are easier to buy than CDs right now. Here’s how to buy them without fee at Fidelity, Vanguard, and Charles Schwab.
Money market funds are competitive with high yield savings accounts again.
Stop using a Vanguard money market fund when it pays only 0.01%. It’s not necessary to use one for buying or selling Vanguard mutual funds.