It’s Real. US Government Bonds That Yield 9%+
Last week inflation hit a 40-year high and there has been much talk recently about its impact on markets and the economy (as we discussed recently here. One way investors can benefit from rising consumer prices is the Series I Savings bond (I-bonds) issued by the US. Treasury. I bonds set their interest rates every six months (in May and November) based on inflation and a fixed rate. Since they are tied to inflation rates, until recently I bonds have flown under...