Treasury Department Announces New Series I Bond Rate of 4.26% for the Next Six Months
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3 Articles
Treasury bond yields close higher across the board... 1-year yield hits 20-month high. Treasury bond yields closed higher across the board on the 30th. This decline in demand for government bonds is attributed to the deadlock in peace negotiations between the U.S. and Iran, coupled with a reduced likelihood that the U.S. Federal Reserve will cut its benchmark interest rate. When bond demand decreases,
I Bond Rates Soar: Inflation Pushes Returns Back Above 4%
Interest Rates on I Bonds Increase for First Time in Two Years For the first time in two years, interest rates on Series I Savings bonds, known as I bonds, are going up. New Interest Rate Revealed On Friday, the Department of the Treasury changed the rate for I bonds purchased within the next six months to 4.03%, up slightly from 3.98%. The increase is due to unruly inflation between April and September, which are the months the Treasury Departm…
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