This is not a great investment. It's pays it's base rate (0.0%) plus inflation (... | Hacker News

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		squidproquo on Nov 1, 2021 \| parent \| context \| favorite \| on: US Series I Savings Bonds Now Yielding 7.12% This is not a great investment. It's pays it's base rate (0.0%) plus inflation (7.12%). The rate is based on inflation and is reset every 6 months, and I'm assuming the base rate of (0.0%) doesn't change. It may make sense for some people who are risk-averse and already have savings in a bank account that is getting demolished by low rates and high inflation.

loeg on Nov 1, 2021 [–]

Right, the base rate never changes for the life of the bond, and it generally outperforms cash while also being zero-risk.

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