Summary
- The I Bond’s six-month variable rate will fall from 2.48% to 2.22% on May 1. The difference in yields is temporary and negligible.
- The fixed rate will also be reset May 1, and odds are that it will hold at 0.1% — or rise to 0.2%, possibly even 0.3%.
- The potential for a higher fixed rate means investors should delay purchases at least until after May 1, maybe even later.
So if other countries are reducing their holdings of Treasuries to reduce dependence in the U.S. and are buying other…