Series I bonds still ‘attractive for longer-term investors’ as annual rate falls to 4.3%

 

• Series I bonds will pay 4.3% annual interest through October, a drop from 6.89% in November, amid falling inflation.
• With the fixed portion of the rate at 0.9%, which stays the same after purchase, I bonds have become more attractive to long-term investors.
• But shorter-term investors may consider alternatives, such as certificates of deposits and Treasury bills.

 by Kate Dore, CFP® 

Read the full article with details on the dual aspects of I-bond rates at: 

https://www.cnbc.com/2023/05/01/series-i-bond-rate-falls-to-4point3percent-through-october-how-it-compares-.html