Pederson says I bond fixed-rate will drop

Tuesday, October 24th, 2006
Categorized as: Yesterday's News (old post archive)

Yesterday Detroit Free Press financial columnist Susan Tompor said that Daniel Pederson, author of Savings Bonds: When to Hold, When to Fold and Everything in Between, thinks the I bond fixed rate will drop on November 1, "…maybe even 1%."

Tompor's article is Now's the time to buy bonds tied to inflation.

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One Comment

On October 27th, 2006 Svenson said:

Oh my god - a 1.00% fixed component? It's like the treasury wants to kill I-bonds completely.

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