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I Bond Rates Dropping

I Bond Rates Dropping

I bond rates expire at the end of this month and are likely dropping from their record high

I bond rates expire at the end of this month and are likely dropping from their record high of 9.62% to 6.48%.

Buy I bonds now to lock in a record 9.62% for 6 months. On Nov. 1, the rate drops to 6.48%. There haven’t been many safe investments that could beat inflation except for the I bond, but even that safety net may soon not pack as heavy an inflation-fighting punch. Learn more here.

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