Do We Avoid Taxes on Eye Bonds When Inflation Is Low?

With eebonds, there's a fixed rate, and there's a variable rate. So you may end up with these bonds, if inflation turns the other way, that are paying almost nothing. Shesr beng rit, related to this, do we avoid taxes on eye bonds if we cash our daughters eye bonds when inflation is low and use the proceeds to fund the five 29 in the future? Technically it is being used for college. He's just trying to play games. Heree just use it to uase the ibon to pay for the collegerin odoing arb on the interest rate on the on the ibon. I don't want to pay