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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.
Rush to buy I bonds overwhelms Treasury website
As investors try to buy the bonds before the rate drops, they're reporting glitches in creating accounts and delays in loading pages on the Treasury website, along with long wait times when calling the helplines.
Clock is ticking on 9.62% I bond yields
Financial advisers have until Nov. 1 to help clients lock in the current rate, which drops by a third to 6.48%.
Inflationary trend lands advisers in unfamiliar territory
The Biden administration's plan to cancel billions in student debt could drive inflation even higher.
As markets slide, more advisers are sending clients to I bonds
Investing in the Treasury-backed inflation hedge comes with a few challenges, but the 9.62% yield is seen as worth the effort.
