"With I Bonds, you always have this six-month lag you're working with," Pederson said. Buying before the end of April makes sense, Pederson said, because it locks in a 6.89% annualized rate for ...

As of May, the Treasury has announced a new annual interest rate of 3.98% for I Bonds, marking a notable increase from the previous rate of 3.11% offered until April 2024.

Seeing I Bonds near 4% or 5% isn't going to trigger much buzz at all − especially for savers who want a short-term fix. If you shop around, some CDs are offering very attractive rates.

I bonds made nobody wealthy in 2021, but they easily beat the short-term alternative. One year later, their prospective 12-month returns were healthy by any standards—and outstanding compared ...

I bonds purchased in October 2022, for instance, would have earned 9.62% for six months and then 6.48% for six months. That’s an average one-year return of about 8.05%.

I bonds could work as a long-term hedge Sure, I bonds only pay 3.11% right now. But that isn't necessarily going to be the case a year from now, two years from now, and so on.