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I Bonds Purchased in April Can Get Close to 2.33% APY for 11 Months

Monday, April 19, 2010 - 7:38 AM
As I mentioned on Wednesday, the next I Bond inflation component will be 1.54%. If you buy an I Bond in April, you can get an 11-month effective yield of around 2.33%. MyMoneyBlog describes the math behind this. The main downside is that I Bonds are limited to $10K per calendar year per person. I have more details about I Bonds in this post.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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