Treasury Raises I Bond Fixed Rate To 0.30%, Highest Since 2009

Summary

  • I Bonds purchased from May 1 to October 31 will carry a composite rate of 2.52% annualized.
  • Real yields have been rising, which supports the Treasury’s decision to increase the fixed rate to 0.30%, the highest rate reset since November 2009.
  • A new I Bond buying strategy? In my opinion, the fixed rate of 0.30% is too attractive to pass up.

Read my full analysis on SeekingAlpha.com

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