> You'll then get the next rate which is most likely 3% for 6 months
Which is less than the 3.9% you get from a 6M treasury right now. If i-bonds really only get 6% in the next rate, you've lost money compared to 6M or 1Y treasury bonds.
Which is less than the 3.9% you get from a 6M treasury right now. If i-bonds really only get 6% in the next rate, you've lost money compared to 6M or 1Y treasury bonds.
So I-bonds will still beat the 6M treasury bond unless the rates on the latter keep going up.
Thanks for annualizing (or in this case, 6Month-izing) the rates for an actual apples-to-apples comparison.
It's also possible that in November they add something more than 0 to the fixed rate of the I Bond. Buying now though you unfortunately would not get that.