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In response to
"
If you have cash-on-hand that you can park for 12 months, the US Treasury "I-bonds" rate of interest will drop from 9.62% to 6.47% after October 28 -- (link)
"
by
ML
I’ve already maxxed mine out for the year, but yes.
Posted by
znufrii, official Gen-Xer (aka znufrii)
Oct 13 '22, 08:48
Note that there’s also a three-month interest penalty if you withdraw it before five years. Still a lot better than a comparable CD.
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