Investing
I Bond Hacks For Bypassing $10,000 Limit and Scoring Better Returns
Now is the time to purchase US Series I savings bonds before rates reset, experts say.
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The sleeper hit of 2022 investing is about to lose some of its luster — but it still might be one of the best places to store your cash.
The rate for US Series I savings bonds is estimated to drop to 6.47% beginning Nov. 1, down from a record high of 9.62%. That’s because the yield is linked to the change in inflation over the six-month period from March to September, which slowed from the prior stretch despite core inflation notching new highs.