The new rate on Treasury Sequence I inflation-connected personal savings bonds is possible to be established at 6.5% for bonds acquired commencing in November, down from the present amount of 9.6%, Barron’s estimates.
The new rate, which will be declared by the Treasury in early November, is based mostly on the transform in shopper selling prices from March via September. The inflation charge shown in the September CPI report produced Thursday morning is the closing facts issue applied in the calculation.
The new rate on Treasury Sequence I inflation-connected personal savings bonds is possible to be established at 6.5% for bonds acquired commencing in November, down from the present amount of 9.6%, Barron’s estimates.
The new rate, which will be declared by the Treasury in early November, is based mostly on the transform in shopper selling prices from March via September. The inflation charge shown in the September CPI report produced Thursday morning is the closing facts issue applied in the calculation.
