New Series I Bond rate ticks up to 5.27%, with a hearty fixed rate for the long haul
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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, according to the TreasuryDirect.gov website. That’s the highest fixed rate since 2007, notes Ken Tumin, editor of DepositAccounts.com.
Investors who flocked to Series I bonds when inflation was at its peak did so for the high rate of return that…
This story from marketwatch.com was posted on 2023-10-31 by @globeam.