Yield on I bonds set to plunge below 4%
Inflation-linked I bonds have soared in popularity over the past two years, but now the yield is set to slump from the historic 9.62% rate the bonds offered just a few months ago.
The golden age of the I bond appears to be over. Yields on the popular Series I savings bonds are set to slump after a key measure of inflation showed signs of softening Wednesday. Just a few months ago, I bonds offered a historic 9.62% rate. Now that figure is expected to fall to 3.8%, putting the
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