US Department of Treasury cuts I Bond rates to 3.11%

The US Department of Treasury has announced updated Series I bond rates, with inflation-linked bonds now offering a 3.11% annual interest rate from November 1 through April 31, 2025. This represents a decline from the 4.28% yield observed in May.

Wealth! Host Brad Smith explores the purpose of Series I bonds, explaining their structure and potential benefits for investors seeking inflation protection.

To watch more expert insights and analysis on the latest market action, check out more Wealth here.

This post was written by Angel Smith