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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About Tipswatch
Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
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