Given today's market conditions, we are all concerned about how rising interest rates are affecting both the stock and bond markets. But amidst the volatility, until the end of October you can purchase a Series I Bond, issued by the US Treasury at 9.62%, however you are limited to a $10,000 purchase per year.
If you have been waiting for an opportunity to put some of your cash to work, this may be an option to look into. Unfortunately, we can't purchase the bond for you but we wanted to make you aware nevertheless. Again, this rate expires October 28, 2022 to ensure issuance by October 31, 2022.
