Series I savings bonds, or I bonds, purchased through October 2024, will earn 4.28%,TreasuryDirect® announced May 1, 2024. This rate includes an inflation component of 2.96% annualized and a fixed rate of 1.30%, with the latter remaining constant throughout the bond’s life. In comparison...
Series EE savings bonds allow investors to buy bonds in much smaller denominations than traditional corporate or municipal bonds. There are both electronic EE savings bonds and paper Series EE savings bonds, which work slightly differently. The maturity date for Series EE paper bonds varies depending...
Series HH bonds were a type ofsavings bondprogram, offered by the U.S. Treasury, that regularly paid out interest to investors. They worked differently fromSeries EE savings bonds, which instead added that interest income back to the principal value of the bond. Investors enjoyed the passive i...
These bond funds pay out greater yields than government bonds, which can be beneficial to income investors with a higher risk tolerance. Tony DongJuly 31, 2024 Best Mutual Funds to Buy Traditional mutual funds still offer compelling and effective investment strategies. Coryanne HicksJuly 30, 2024...