Top of mind for many of my clients is inflation which is now at 9.1% as of June. With the uncertainty of the markets, they are also asking where they should be investing. One investment to consider is a US Treasury I bond, which is now offering a 9.62% interest rate for 6 months. This rate, good through October 2022, is the highest yield since it was introduced in 1998. Given the $10,000 annual cap, this may not significantly change your portfolio. Read this article as to how establish an account and buy your savings bond direct from the US treasury.
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