Savings Bond Alert #024
Friday, September 15th, 2006
Categorized as: Savings Bond Alerts
Next I bond inflation rate likely to be in 4%-5% range
This morning’s CPI release for August showed inflation up 3.8% from a year ago. We now have CPI data for five of the six months between March and September that will be used to calculate the next I bond inflation component, which will likely end up somewhere between 4% and 5%.
Add that to the fixed base-rate of your own I bonds to determine what rate you’ll get for the next six-month rate period. New I bonds will likely have a fixed base rate in the 1.0% to 1.4% range, for a composite rate that’s most likely somewhere in the 5% to 6% range.
Soon after my report about TreasuryDirect security last month, a software bug was found that was preventing certain kinds of email notifications from going out. The bug was fixed and now TreasuryDirect’s email notifications are working like they should. This is great news. Combined with other recent enhancements, it gives TreasuryDirect industry best-practice security.
Other stories on the Savings Bond Advisor web site in the last month include: