The Decline of Series I Savings Bonds

Series I savings bonds, once a popular investment during high inflation, have seen a significant decline in interest rates, now offering only 1.91%, compared to nearly 10% during peak inflation. The podcast highlights how the demand for these bonds led to system crashes at the U.S. Department of the Treasury, as investors sought to protect their savings. Currently, the rate resets every six months, and those who purchased bonds during the height of their popularity may be disappointed to find their returns diminishing. To optimize their investments, individuals are advised to consider exchanging older bonds for new ones that offer a better base rate plus protection against inflation.