Meanwhile, preferred securities can see yields around 7%.
The Fed's rate hikes also sweetened yields on money market funds and certificates of deposit .
Yet what is the best avenue for someone who is looking to generate the most income on a $10,000 investment — without taking on a lot of risk?
The ICE BofA Fixed Rate Preferred Securities index, which tracks the performance of fixed-rate preferred securities, has a yield to maturity of 7.1%.
"Right now you can't do better … than just owning short- to intermediate term high-grade fixed income," he said.
Persons:
There's, Tom Graff, Mitch Goldberg, Goldberg, laddering, you'll, Ian Weinburg, Weinberg, Tim Ghriskey, Snyder, haven't, Ghriskey, Bonds, he'd, Graff
Organizations:
Treasury, Federal Reserve, Federal, CNBC Pro, Family Wealth, Pension Management, Ingalls, ICE, Securities, Citigroup, XIII, Index, SEC
Locations:
Baltimore, Melville , N.Y, Woodbury , N.Y, New York, Treasurys, preferreds