One of the unfortunate side effects of the latest round of central bank interest rate & QE announcements seems to have been another round of savings rate cuts both for existing variable rate accounts & potential new fixed rate time deposits.
It is becoming quite a mission to hunt down an lock in decent interest rates. I'm not keen on long term fixed rate accounts beyond a year or two, and many variable rates have fallen quite sharply in the last two months or so.
In an attempt to build a respectable yield i've been flirting with the idea of moving more cash into corporate debt ETFs. Its really a case of weighing up the transaction cost and credit risk against the difference in yield, but i'm increasingly finding that my desire for yield is starting to overcome my natural risk aversion.