The latest spike in inflation has plenty of savers wondering whether it is a good time to buy Series I Savings Bonds.
But one expert says odds look pretty good that it could be an even better time to buy in November or December. “Prediction: I Bonds are going to get very popular later this year,” wrote David Enna on the Tipswatch.com site, which regularly tracks inflation-adjusted government bonds. Why? Inflation is again increasingly unpopular.
High inflation heats up interest in I Bonds Over the last 12 months, the Consumer Price Index for All Urban Consumers increased 4.2% before seasonal adjustment. It was the third consecutive year-over-year increase since the start of the Iran war in late February. And May’s year-over-year CPI was the highest level since April 2023.