WebNov 1, 2024 · The U.S. Treasury Series I Savings Bond interest rate starting in November, 2024 was previously announced. The new I bond rate has been set at a 6.89% APR. While the new current I bond rate is lower than the most recent 9.62% rate (May through October, 2024), this is still one of the highest I bond rates offered since I bonds launched in 1998. Web1 day ago · The yield for inflation-linked Series I savings bonds is expected to drop from the current 6.89% to 3.8% when the U.S. Treasury Department reset rates May 1, giving investors roughly two weeks to ...
Rates for Series I Bonds US Inflation Cal…
WebMay 2, 2024 · The composite rate for Series I Savings Bonds is a combination of a fixed rate, which applies for the 30-year life of the bond, and the semiannual inflation rate. The 9.62% composite rate for I bonds bought from May 2024 through October 2024 applies for the first six months after the issue date. The composite rate combines a 0.00% fixed rate of ... WebNov 1, 2024 · The new interest rate for these bonds, effective as the bonds enter semiannual interest periods from November 2024 through April 2024 is 2.99%. Market-based rates are … lake cowanesque camping
Why I Bond rates could go higher as inflation sizzles in 2024
WebAug 4, 2024 · The next six-month rate for I Bonds is unknown. But Pederson estimates that the rate could be 9.86% if inflation slows down a bit from here. That new rate would apply to I Bonds bought... WebSep 23, 2024 · With the September 2024 I bond inflation rate of 9.62% (U.S. Treasury), this is 4.81% earned over 6 months. A $100 investment becomes $104.81 in just 6 months. The September – October 2024 I... Web2 days ago · If the fixed rate remains at 0.4%, the new annual rate may drop to 3.79%, Tumin said. Of course, the combined annual yield is only an estimate until TreasuryDirect announces new rates in May. lake cowal weather forecast