I Bonds rates rise as March CPI jumps 3.3 percent, boosting investor interest
Updated
Updated · USA TODAY · Apr 26
I Bonds rates rise as March CPI jumps 3.3 percent, boosting investor interest
6 articles · Updated · USA TODAY · Apr 26
The March Consumer Price Index surged to 3.3%, with gasoline prices up 18.9% and fuel oil 44.2% year-over-year, prompting predicted I Bond rates of 4.26% for May–October purchases.
This marks a reversal from recent months when savers considered selling I Bonds, as inflation had previously cooled. The Iran war and rising energy costs are now driving renewed demand for inflation-protected savings.
I Bonds offer a fixed and variable rate, adjusting every six months, and are seen as a safe hedge against unpredictable inflation. Investors are advised to review bond fixed rates and tax implications before selling.
As Mideast conflict drives inflation, are I Bonds the best safe harbor for your money?
You own old I Bonds with a 0% fixed rate. Is now the time to cash out?
Could the oil crisis paradoxically slow the green energy transition by raising interest rates?
How will central banks fight inflation that's driven by supply shocks, not consumer demand?
What does this crisis reveal about the hidden security costs of fossil fuel dependency?
How is the Hormuz crisis reshaping global supply chains beyond just oil and gas?