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U.S. savings bond rates fall

The Bureau of Public Debt released the new rates for savings bonds purchased from now through the end of April.

The Series I bond rate for the next six months will be 3.06 percent, down from 4.60 percent for the previous six-month period. The inflation-protection bond is made up of two rates: a fixed rate for the life of the 30-year bond and an inflation rate that is adjusted every six months. The fixed rate remains a dismal zero percent, while the annualized inflation rate is set at 3.06 percent.

New Series EE bonds purchased in the next six months will pay a fixed rate of 0.60 percent. That’s down from 1.10 percent for bonds purchased in the past six months.

 

 

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