Bonds are debt securities purchased from corporations (corporate bonds) and local, state and federal governments (municipal bonds, US treasury bills, notes and bills).

The interest rate on I bonds will soon fall from a record low. Act fast.

There haven’t been many safe investments that can beat inflation except for the I bond, but even that safety net may soon not be so powerful in fighting inflation. Indeed, the record high interest rate of 9.62% on I bonds issued through October will drop on November 1 to 6.48%, a significantly lower level but …

The interest rate on I bonds will soon fall from a record low. Act fast. Read More »