Monthly Archives: October 2023

I Bond’s fixed rate rises to 1.3%, highest in more than 16 years

Composite rate for I Bonds rises to 5.27%. Fixed rate for EE Bonds rises to 2.70%; doubling factor holds at 20 years. By David Enna, Tipswatch.com The Treasury announced today it is raising the permanent fixed rate on the U.S. … Continue reading

Posted in Cash alternatives, EE Bonds, I Bond, Savings Bond, TreasuryDirect | 83 Comments

I Bond’s fixed rate: An updated projection

By David Enna, Tipswatch.com Back on Oct. 8 I posted an article, “The I Bond’s fixed rate will rise. But by how much?” attempting to forecast the potential new fixed rate for the U.S. Series I Savings Bond, which will be … Continue reading

Posted in Cash alternatives, I Bond, Inflation, Savings Bond, TreasuryDirect | 49 Comments

A quick update on Thursday’s 5-year TIPS auction

There is an explanation for everything, right? By David Enna, Tipswatch.com As they say, “You learn something every day.” At least you should learn something every day. Thursday’s TIPS auction result, which you can read about here, caused some angst … Continue reading

Posted in Inflation, Investing in TIPS | 67 Comments

New 5-year TIPS gets a real yield of 2.440%, again lower than expected

By David Enna, Tipswatch.com Also: See my update on why this real yield was actually logical (to bond traders). Today’s Treasury auction of $22 billion in a new 5-year Treasury Inflation-Protected Security generated a real yield to maturity of 2.440%, … Continue reading

Posted in Investing in TIPS | 54 Comments

Are U.S. Series I Savings Bonds losing their appeal?

As a short-term investment? Yes. But for the long term? I Bonds are still attractive. By David Enna, Tipswatch.com Just one year ago, U.S. Series I Savings Bonds were still paying 9.62% annualized for a full six months, followed by … Continue reading

Posted in Cash alternatives, I Bond, Inflation, Investing in TIPS, Treasury Bills, TreasuryDirect | 46 Comments