Treasury Department announces new Series I bond rate of 3.11% for the next six months

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Treasury Department announces new Series I bond rate of 3.11% for the next six months
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The U.S. Department of the Treasury has announced new Series I bond rates through April 2025.

Series I bonds will pay 3.11% through April 2025, the U.S. Department of the Treasury announced Thursday.

The new rate includes a variable portion of 1.90% and a fixed portion of 1.20%. The fixed rate is down from 1.3% announced in May.in May 2022, the I bond yield is down significantly. But the fixed-rate portion of the yield still appeals to some long-term investors, experts say.Top-ranked advisor: Buying a home can 'increase your net worth over time'

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