The New 6.89% I bonds Will Beat the Old 9.62% Bonds in Just 4 Years

The New 6.89% I bonds Will Beat the Old 9.62% Bonds in Just 4 Years

Business
November 28, 2022 by secret
238
[ad_1] With a yield of 9.62%, the recently expired Series I bond was understandably popular. With interest rates rising, bond funds are down this year and banks continue to offer miserly rates on deposit accounts. So it’s no wonder that a surging horde of investors crashed the Treasury.gov site at the end of last month,