Re: I Bond at 7%???
I'm very disappointed to see the fixed rate go down today. Looks like the Treasury decided to offset the high inflation rate component with a lower fixed rate component. The 1.0% fixed rate matches the lowest level it's been. It was that low for most of 2004. Back in 2000 it was as high as 3.6%. I thought for sure it was going to slowly continue to rise. Looks like it's going to be a long time before we see it anywhere close to 3.6%.
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