Where should I invest my long-term emergency fund?

The so-called high yield savings accounts today pace behind inflation.  A savings account at my bank pays less than 1% in interest.  My current long-term emergency fund, which is slowly but surely growing, is $9,111.  It’s all in invested in pathetic CDs at my credit union, growing a few cents here and there.  I remain undecided.  Just keeping up with inflation is a major challenge.  Any suggestion would be appreciated!


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