BOUNCE

[BullNBear52]

Nearly risk-free I bonds to deliver a record 9.62% interest for the next six months
PUBLISHED MON, MAY 2 202211:18 AM EDTUPDATED MON, MAY 2 20222:03 PM EDT
Kate Dore, CFP®

KEY POINTS
I bonds, an inflation-protected and nearly risk-free investment, will pay 9.62% through October 2022, the U.S. Department of the Treasury announced Monday.
“It’s a milestone for I bonds,” said Ken Tumin, founder and editor of DepositAccounts.com.
However, there are purchase limits, you can’t tap the money for one year and there’s a penalty for selling within five years.

https://www.cnbc.com/2022/05/02/i-bonds-to-deliver-a-record-9point62percent-interest-for-the-next-six-months.html