If you're going to get Ibonds, do it before April 27, after that, rates nosedive

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1. I bonds expected to lose their luster in May as yield falls

Last edited Thu Apr 20, 2023, 08:31 AM - Edit history (1)

Yahoo Finance

I bonds expected to lose their luster in May as yield falls

Kerry Hannon · Senior Columnist
Wed, April 19, 2023 at 5:21 PM EDT

The Treasury Department’s inflation-protected I bonds, which were wildly sought after last year, won’t be in such hot demand when the rate resets for purchases made from May to October.

Analysts expect the annualized yield for an I bond to sink to 3.79% for the period from May to October from the current 6.89%.

“The huge surge in popularity of I bonds was triggered by six-month inflation-adjusted variable rates of 7.12%, 9.62%, and then 6.48% — at a time when other safe investments were paying something like 1% or less,” Dave Enna, founder of Tipswatch.com, a blog that tracks inflation-protected investments, told Yahoo Finance. “Now that has changed.”

Still, there’s time to buy these ultra-safe investments before the rate resets, experts say, but Americans should also consider the few downsides, especially as yields on other, similarly less risky investments improve.

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