{"id":9795,"date":"2023-04-24T15:03:22","date_gmt":"2023-04-24T19:03:22","guid":{"rendered":"https:\/\/kerryhannon.com\/?p=9795"},"modified":"2023-04-24T15:03:22","modified_gmt":"2023-04-24T19:03:22","slug":"i-bond-rates-poised-to-drop-in-may","status":"publish","type":"post","link":"https:\/\/kerryhannon.com\/?p=9795","title":{"rendered":"I bond rates poised to drop in May"},"content":{"rendered":"
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The Treasury Department\u2019s inflation-protected I bonds, which were wildly sought after last year, won\u2019t be in such hot demand when the rate resets for purchases made from May to October.<\/p>\n

Analysts expect the annualized yield for an\u00a0I bond\u00a0<\/a>to sink to 3.79% for the period from May to October from the current 6.89%.<\/p>\n

Read on Yahoo Finance<\/strong><\/a><\/p>\n

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\u201cThe huge surge in popularity of I bonds was triggered by six-month inflation-adjusted variable rates of 7.12%, 9.62%, and then 6.48% \u2014 at a time when other safe investments were paying something like 1% or less,\u201d Dave Enna, founder of\u00a0Tipswatch.com<\/a>, a blog that tracks inflation-protected investments, told Yahoo Finance. \u201cNow that has changed.\u201d<\/p>\n

Still, there\u2019s time to buy these ultra-safe investments before the rate resets, experts say, but Americans should also consider the few downsides, especially as yields on other, similarly less risky investments improve.<\/p>\n

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