I Bonds Set to Pay 9.62% Through October - The New York Times

I bonds — low-risk savings bonds indexed to inflation — are earning far more than a typical federally insured savings account or certificate of deposit.

Because of the way rates are set on I bonds, people holding older bonds may be earning double-digit rates. An I bond rate has two parts: a fixed rate, set when the bond is issued, which stays the sam… [+1288 chars]

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