Jeff Brown likes I bonds, but not now
Monday, April 10th, 2006
Categorized as: Yesterday's News (old post archive)
Jeff Brown, financial columnist for the Philadelphia Inquirer, usually recommends Series I Savings Bonds, but recommended investing in CDs for now in yesterday’s column, For now, stay away from Savings Bonds.
In the article, Brown says Dan Pederson thinks the next I bond fixed base-rate might go up:
Pederson estimates there is a 50 percent chance the government will raise the fixed rate to attract investors to I bonds, but he doesn’t expect it to go any higher than 1.2 percent to 1.4 percent.