Treasurydirect I Bonds Rates May 2024. Treasury announced this week that i bonds purchased between november 2023 and may 2024 will earn 5.27% for the first six. The current composite rate of 4.28% is only earned for the first 6 months of your i bond.
I think the new fixed rate will be >=1.30% no: The rate you’re earning on i bonds issued.
The Current Fixed Rate Is:
From may 1, 2024 through october 31, 2024:
If You Buy I Bonds Between November 2023 And April 2024, You’ll Be Guaranteed A Total Rate Of 5.27% For The Next Six Months (Based On The Previous Six Months Formula).
With wednesday’s fed decision unlikely to offer much encouragement on rates, futures markets have reduced 2024 easing expectations to just 27 basis points.
The Us Treasury Will Announce A New Series I Bond Fixed Rate On May 1 2024.
Images References :
With Wednesday's Fed Decision Unlikely To Offer Much Encouragement On Rates, Futures Markets Have Reduced 2024 Easing Expectations To Just 27 Basis Points.
The fixed rate for new savings bond purchases is still 1.30%;
Treasury Department Announces New Series I Bond Rate Of 4.28% For The Next Six Months.
The rate you’re earning on i bonds issued.