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Expert recommends Series I bonds for longer-term investors despite lower annual rate.

1 min read
Source: CNBC
Expert recommends Series I bonds for longer-term investors despite lower annual rate.
Photo: CNBC
TL;DR

The U.S. Department of the Treasury has announced that Series I bonds will pay 4.3% annual interest through October, a drop from 6.89% in November amid falling inflation. The new variable rate is 3.38% and the fixed rate is 0.9%. While I bonds may still appeal to longer-term investors, the 4.3% annual rate may be less attractive to those with shorter-term goals. Experts say I bonds are now more of a "strategy investment" for those who want to know how much they're earning above inflation for the long run.

Topics:businesspersonal-finance#fixed-rate#inflation#personal-finance#series-i-bonds#us-department-of-the-treasury#variable-rate
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  1. Series I bonds still 'attractive for longer-term investors' as annual rate falls to 4.3%, expert says  CNBC
  2. New lower I bond rate comes with 'a pleasant surprise'  Yahoo Finance
  3. Series I bond rates fall to 4.3% amid cooling inflation  CNBC Television
  4. I Bonds drop to 4.3% but have new higher fixed rate  Detroit Free Press
  5. New I-bonds are earning 4.3% as inflation wanes, with a robust 0.9% fixed rate  MarketWatch

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