Treasury Announces New 5.51% Rate for Series I Bonds Through April 2027

• The U.S. Department of the Treasury announced a new Series I bond rate of 5.51% for the next six months.
• The new rate is effective through April 2027.
• This rate is anticipated to be the highest for Series I bonds in nearly 20 years.
• Investors are advised to pay attention to this rate as it may significantly impact income investments.
• The announcement was made on November 1, 2023.