I Bonds Reemerge as Inflation Heats Up

Rising inflation and energy costs are lifting the appeal of Series I Savings Bonds, which combine a fixed rate with an inflation-adjusted rate that resets every six months. With a potential 4%+ composite rate over the next six months, buying up to $10,000 per person per year via TreasuryDirect could bolster emergency savings, while redeeming before five years carries a penalty and the fixed rate varies by issue date.