I Series bond

I am out July/August depending on treasury market at time. I don't like the website. If there is an issue I don't want to deal with DMV level customer service and I have 0 fixed rate

But will wait until accruing at low rate

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I am out July/August depending on treasury market at time. I don't like the website

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Same here. I'm hoping I can even figure out how to get out of them on that site. That thing is atrocious.

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What is the new rate?

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High 3% I think

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if I bought at 9.62 in October

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6 months of 9.62% and then 6 months of 6.78% on 3 month lag for first 5 years

Should hold at least until December 2023 imho

I purchased in Dec 2021-

I have made a little less than $1,000 in interest over the life of the bond. I see where current rates are 6.xx

Can I redeem this bond at anytime, or is there a more advantageous time to do it? I would like to redeem it and put it in a high yield account earning 5%.

ETA: It looks like the rates will reset in May. So maybe hold until August, then redeem? That way the 3 months of interest I will forfeit will be at the lower rate than the current rate....Is this line of thinking correct?

This is a good site to show value, just remember you have to go back 3 months if less than 5 years old. They'll update it once the new rate is officially announced.

I bond Values

Following - we have 20k that we put in I-bonds last May. Would a 13 week t-bill be a good alternative?

If you withdraw before 5 years you lose the last 3 months of interest

Mine reaches a year at the end of May. I think I’ll let it sit for 3 extra months then cash out

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we have 20k that we put in I-bonds last May. Would a 13 week t-bill be a good alternative?

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It depends on when you might need the money and what your outlook is for rates going forward.

I have no idea how the debt ceiling fight might affect the bond market shorter term. And I have no idea what rates might be over the medium term. If we do indeed have anything more than a mild recession later this year or into early 2024, the Fed will likely be poised to cut rates. But who really knows?

So I’m going with a fairly neutral strategy of laddering some spare cash into 4 and 13 week t-bills, another amount in 1 year fixed rate corporate notes yielding 5.3%, another amount in 3 year fixed rate corporate notes yielding 5.5% and the rest held in the Schwab SWVXX fund. This is all in tax advantaged investment (not trading) accounts.

Not offering advice. Just what I’m doing based on my situation.

I would buy them directly from the Treasury website.