Should You Invest in I Bonds for Inflation Protection?
In normal times, a guaranteed 9.62% return on your money with virtually no risk would be impossible. But with inflation at 40-year highs, that's exactly what Series I bonds are offering. The U.S. Department of Treasury recently announced that I bonds will pay a 9.62% annual interest rate on bonds issued from May through October 2022.
If you're worried about inflation and recent stock market volatility, you may be wondering if you should invest in I bonds right now. While I bonds can be a great option for those seeking safe investments, there are a few things you need to know before you buy.
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Source Fool.com
