- 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.
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.