I bond rates could drop below 4% beginning May 1

I bond rates could drop below 4% next month

The decline in inflation in March could mean lower rates for Series I bonds, experts say, with the yearly rate possibly dropping below 4% in May. That would be a big drop from the 6.89% return for bonds bought in April but still above the historical average.

https://www.bloomberg.com/news/articles/2023-04-12/i-bonds-interest-rate-for-2023-yield-is-expected-to-fall-below-4-in-may

BUT remember, if you buy bonds before April 30 you can o lock in the 6.89% rate for 6 months. Search this blog for other items about I-bonds to be sure you understand the options before committing your funds. You can access your money for the first 12 months.