I'd been sitting on the fence about whether to keep some cash in MMA's, move some to CD's, or wait to see if the yields on Treasuries went up. When the Fed decided to pump $38 billion in to the US economy today, I decided it was time to get off the fence. Expecting yields on Treasuries to be down immediately, and expecting yields on MMA's and CD's to go down very soon, I went ahead and got 2 six-month CD's (at 2 different banks) today. I would have gone for longer terms but my DH will need some of that cash in about 9 months for his business, and I'm also trying to keep things semi-liquid for when we buy a house (and who knows when that will be). Well, thank you, Fed, at least now the decision is made and I don't have to think about it anymore!