What Is an I Bond? Everything You Need to Know to Earn Nearly 10% Interest

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What Is an I Bond? Everything You Need to Know to Earn Nearly 10% Interest
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I Bond interest rates are set to rise. Here’s a look at how the interest payments work and why you might want to buy them before May.

I Bonds issued In May are paying a 9.62% annual rate. Investors can purchase these bonds for themselves and their children

There’s an investment that’s 100% backed by the U.S. government, never loses its value and is paying more than 7% interest a year. So, why haven’t most Americans heard of Series I Savings Bonds? WSJ’s Dion Rabouin explains. Photo: TNS/Zuma Press

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