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The I bonds current rate of 3.11% is the lowest since early 2021, when inflation started to rise, bringing I bond rates with it. The previous combined I bond rate from May to November 2024 was 4. ...
The rate on the popular inflation-protected I bonds slipped to 6.89% through April 2023 from 9.62%.
The current fixed rate of 0.9% — the highest since it was set at 1.2% in November 2007 — lasts until either the I bond holder redeems the I bond, or until it matures in 30 years.
By contrast, the I bond fixed rate in November 2021 and May 2022 — when inflation was soaring — was 0%. That means those older bonds are now earning the current variable rate, period. The ...
The I bond fixed rate in November 2021 and May 2022 — when rates were soaring — had a 0% fixed rate. The fixed rate increased last November to 0.4% for those who purchased the bonds through April.
On Friday, the Treasury raised the fixed interest rate for I bonds from 0.40% to 0.90% but dropped the semiannual inflation rate to 1.69%. This resulted in a combined interest rate of 4.3% for ...
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