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Invest in I Bonds Now and Earn 9.62% Risk-Free for 6 Months

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Freaking out over inflation?

U.S. government-backed Series I savings bonds — also known as inflation bonds or I bonds — are a nearly risk-free investment that’s rocking a record 9.62% interest rate.

That rate is set to drop to roughly 6.5% on Nov. 1, which means there’s only a short time to lock in that 9.62% rate for the next six months.

The interest rate on I bonds changes every six months, on Nov. 1 and again May 1.

But when you buy an I bond, you lock in the current interest rate for six months from your date of

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