Many banks seem to use "high yield" as more of a marketing term. I would check around to see what interest rates/terms are being offered and pick the one that matches your needs (i.e. how much are you looking to invest and for how long?). That matters more than what they happen to call a particular product. You can also buy various Treasury bills/bonds/notes online without having to deal with any customer service people. Interest is automatically paid every 6 months. Funds automatically move to your bank account when they mature. Terms go from 4 wks to 30 years, so it gives you a lot of choices.
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