Summary
- This variable rate will be the highest for an I Bond in 5 years.
- All investors in I Bonds will get the new variable rate for six months, the timing depends on the month the I Bond was purchased.
- One question remains: What rate will the Treasury set for the fixed rate on November 1?
Prediction: I Bonds are going to a hot investment from November 2016 to April 2017. They will have variable rate of 2.76% over six months. Even if you earned zero the next six months, that’s a return of at least 1.37% in one year, beating all super-safe investments.
Read my full analysis at SeekingAlpha.com
Also, I have updated my Tracking Inflation and I Bonds page with this new information.
And here are the new TIPS inflation indexes for November.
Treasury Inflation-Protected Securities 
I realized I asked a stupid question because I know it would be November. Ended up being 0 because the 10 year TIPS is .1% real.
did the fixed rate stay 0.1% or did it drop to 0%. Too bad I already but my allocation in the beginning of 2016.
The Treasury will announce the new fixed rate on Nov. 1. Here was my handicapping on the fixed-rate decision:
http://seekingalpha.com/article/4013230-will-treasury-drop-bond-fixed-rate-0_0-percent-happen
Joseph, I have already bought my 2016 allocation. The only risk in waiting is that the 0.1% fixed rate will drop to 0.0%. I think that is possible, but I am guessing the rate will hold at 0.1%. I will be writing more about that this week.
Should I buy my Ibonds before Nov.1? Thanks.