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Treasury Sets New Rate on I Bonds. It Dropped Nearly 3 Percentage Points.

I Bonds Just Got a New Rate. It Dropped Nearly 3 Percentage Points. | Barron’s

The new interest rate on Treasury series I inflation-linked savings bonds has been set at 6.89% for purchases made in the next six months.

The rate, which is based largely on the change in the consumer price index from March through September, is down from a record 9.62% in the six months from May through October.

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