Bonds have been pummeled this year - it's going to be time to buy some bond funds soon. Been buying 6-month to 2-year duration treasuries via treasurydirect.gov - 2yr is paying over 4% now. Yeah, that's less than inflation, but definitely way better than what I was getting in the bank. I was going to mention iBonds for an easy 9.6% return, but it's Sept 30 so too late for getting in on that if you haven't (EDIT: apparenlty you can still get in on it through October). Not sure about short ETFs at this point - not saying we've seen the bottom yet, but the market is already down a good bit this year.
Keep some powder dry so you can pick up some good deals over the next 6 to 12 months (bonds and equities). Inflation tends to be sticky so it's quite possible that the Fed will have to raise rates more than their current target (which is something in the 5% range) - if that's the case then you'll probably want to lock in some longer term treasuries if they manage to get over 6% yield (not saying that's going to happen, but it seems like it could be a possibility and you'd want to be positioned to take advantage of that)
Keep some powder dry so you can pick up some good deals over the next 6 to 12 months (bonds and equities). Inflation tends to be sticky so it's quite possible that the Fed will have to raise rates more than their current target (which is something in the 5% range) - if that's the case then you'll probably want to lock in some longer term treasuries if they manage to get over 6% yield (not saying that's going to happen, but it seems like it could be a possibility and you'd want to be positioned to take advantage of that)