Your Evening Briefing: It May Be Time to Get Out of These Bonds

Just six months ago, investors were plowing billions of dollars into I bonds. Now, some experts say it’s time to get out. The yield on series I savings bonds is expected to fall to around 3.8% in May, down from the current 6.89% and a historic 9.62% rate last year. The bonds’ yield is tied to inflation, which is showing signs of cooling. These days, investing options including high-yield savings accounts, money market funds and certificates of deposits are offering competitive rates, making I bonds look less attractive in comparison.