Experts predict I-bond interest rates to drop below 4% in May.
TL;DR
The interest rate for Series I bonds is likely to drop significantly on May 1, but with strategic planning, it's still possible to maximize long-term savings. I-bonds are priced based on a variable rate based on six months of inflation data and a fixed rate. The latest CPI numbers for March indicate that the variable rate is going to pan out at an annualized rate of 3.38%, down from the previous two-year high.
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