Treasury Department Announces New Series I Bond Rate of 6.89% for Next Six Months

Treasury Department Announces New Series I Bond Rate of 6.89% for Next Six Months

Jetcityimage | Istock | Getty Images How I bond rates are calculated Backed by the US government, I bonds do not lose value and earn monthly interest in two parts: a fixed rate, which can change every six months for new purchases but remains the same after purchase, and a variable, which changes every six …

Treasury Department Announces New Series I Bond Rate of 6.89% for Next Six Months Read More »