The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3% fixed rate and a 3.94% inflation rate. This increase in fixed rate is significant, as it is the highest since 2007, according to Ken Tumin, editor of DepositAccounts.com. Investors were drawn to Series I bonds during a period of high inflation due to the attractive rate of return, which … [Read more...] about Understanding the Nuances of Investing in I Bonds
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