A 3-month US Treasury currently yields just over 0.25% while the 10-year rate is about 0.9%. People could also consider taking small loans from the cash value of their life insurance or getting a reverse mortgage. "At this point, investors need to be more focused on the return of their money than the return on their money," McBride said. He added that investors may need to get used to extremely low rates for the foreseeable future. The last time the Fed slashed rates to zero in December 2008, it did not hike them until seven years later.

Source: CNN March 13, 2020 18:22 UTC