Investing
I Bond Rate Drops to 4.3% as Cooling Inflation Drags Yield Lower
The return on the popular savings tools is now comparable to many high-yield savings accounts.
I bond rates dropped Monday, but not as much as expected.
The yield on Series I savings bonds fell to 4.3% in a reset that happens twice a year on the first day of May and November. That’s down from 6.89% in the prior six months and a historic high of 9.62% last year.