- The current fixed rate of 0.5% is likely to fall on May 1, possibly to as low as 0.2%.
- I Bond investors can lock in that 0.5% fixed rate for up to 30 years by investing before April 30.
- A new inflation-adjusted variable rate is also coming May 1 and may be substantially lower than the current 2.32%.
I failed to follow my own advice this week. I put in an order to buy my full 2019 allotment of U.S. Series I Savings Bonds on March 28. Why? Because the time is right to buy I Bonds.