I was thinking about bonds a while back, and then my spider-sense about Trump kicked in. All in cash SIPC-insured accounts at my brokerage, and they make money if people buy or sell, if markets go up or down. They had some Chase insured CDs that paid 3.5%: My guess is Chase finances that rate by collecting 19% on their credit cards from morons who don't pay the full balance off. Looks like they may have a windfall now!