The big news as of late is the new I bond rates. With the current fixed rate of 1.2%, I bonds bought between now and the end of the October will pay 4.8% for the first 6 months, and then 6.92%(!) for the next 6 months. The question, then, for those of you considering buying I bonds, is whether to buy before the end of October or before the end of November. (more…)