Are Series EE Bonds Worth a Look?

By Lisa Gerstner
From Kiplinger’s Personal Finance
Since high inflation took hold in the United States, Series I savings bonds—which offer an inflation-linked interest rate—have enjoyed a moment in the sun. I bonds purchased from November 2022 through April 2023 offer a lofty composite yield of 6.89 percent.
The Series EE savings bond is the demurer cousin of the I bond. Like I bonds, EE bonds are issued by the Treasury Department and backed by the full faith and credit of the U.S. government. But rather than include a variable inflation rate in their yield, they offer only a fixed rate. Series EE bonds issued from November 2022 through April 2023 yield 2.1 percent, a big jump from the 0.1 percent that newly issued bonds offered for several years before that….

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