The US Treasury will announce a new Series I bond fixed rate on May 1 2024.
The current fixed rate is: 1.30%
YES: I think the new fixed rate will be >=1.30%
NO: I think the new fixed rate will be <1.30%
Related questions
https://tipswatch.com/2024/04/14/i-bond-dilemma-buy-in-april-in-may-or-not-at-all/
TLDR: "My conclusion (OK, guess) is that the Treasury will set the I Bond’s new fixed rate at either 1.2% or 1.3%."
@YourTreasuryDirect Wait, the title asks will the rate "go up" (presumably meaning >1.3), but the description says that YES is >=1.3. If it stays at 1.3 that wouldn't be "going up".
@Will fair point, I'll change the "equal to" for next 6 month cycle. For this one, the description is more specific and will be the way this market resolves. If fixed rate doesn't change I'll tip generously to anyone who feels misled 😆
