Pederson says I bond fixed-rate will drop
Tuesday, October 24th, 2006
Categorized as: Yesterday's News (old post archive)
Yesterday Detroit Free Press financial columnist Susan Tompor said that Daniel Pederson, author of Savings Bonds: When to Hold, When to Fold and Everything in Between, thinks the I bond fixed rate will drop on November 1, “…maybe even 1%.”
Tompor’s article is Now’s the time to buy bonds tied to inflation.
(Average rating: 3.75 stars)
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Tom Adams
Oh my god - a 1.00% fixed component? It’s like the treasury wants to kill I-bonds completely.