I-Bonds Surge Amid Inflation: Smart Savings Move

Inflations on the rise again, boosting I-bond rates to 4.26%! This new rate, effective until October 31st, offers a fixed 0.9% and a variable part tied to the consumer price index. While its not the peak of 9.62% in 2022, it surpasses treasury bills and matches top CD rates. I-bonds, backed by the U.S. government, provide zero risk of losing principal and no state or local taxes on interest. Theyre a smart play for preserving your money in this inflationary environment. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/14f2a32c3d78c662