: I-bond rates set to fall to 4.3% from 6.89% on May 1: Treasury Dept. website


The rate for Series I Savings Bonds has reset to 4.3%, according to a post on the Treasury Department’s website on Friday.

TreasuryDirect.gov indicates that the new annualized rate that goes into effect on May 1 will be 4.3%. That includes a 0.9% fixed rate and a 1.69% six-month rate.

The new rate is higher than estimates based on known…

This article was originally published by Marketwatch.com. Read the original article here.

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