
I Bonds Set To Pay 9.62% Through October 2022
Investing in I Bonds could help you lessen the impact of rising inflation on your savings
Investing in I Bonds could help you lessen the impact of rising inflation on your savings
We expect the combination of economic challenges and political uncertainty to lead to continued volatility in markets over the coming months. With history as our guide we see that the pain is typically short lived and believe that with the right attitude and a disciplined investment approach there will be long-term opportunities.
Where can you turn for some security and to keep up with inflation? Answer: US Treasury Series I Bonds are currently paying over 7% and that rate will likely creep higher at least for the next six months.
In uncertain times, our highest priority is helping our clients keep emotions out of investing and ensuring you remain focused on your long-term financial goals.
Itβs been a long time since Savings Bonds issued by the US Treasury, of any flavor, have been appealing. However, a silver lining to the increased inflation we are currently experiencing is that savers can now take advantage of attractive Federal Series I Savings Bonds to earn more on idle cash sitting in deposit accounts.