If you prefer holding individual bonds, corporate debt currently offers some of the most competitive rates.

For most retail investors, exchange-traded funds (ETFs) are the easiest way to gain diversified bond exposure without the hassle of buying individual debt securities. According to recent market analysis from U.S. News Money , several standout ETFs are performing well in the current economic climate:

: A new 3-year bond launched by Triple Point Investment Management offers an impressive 7.5% interest rate until its maturity in March 2029.