Treasury Announces Higher I Bond Rates Amid Renewed Inflation

I bond rates change every May and November.

, and TIPP Staff

October 30, 2026 . 11:15 AM

2 min read

The US Treasury set Series I savings bond rates at 5.51% annually for November 1 through April 30, up from 4.26%, according to its announcement. The composite return includes a fixed rate of 1.40%, its highest since 2006, and an inflation-linked component.

💡

I bond rates change every May and November. The variable portion reflects recent consumer price changes, while the fixed portion remains unchanged for the bond’s lifetime. Existing holders receive rate adjustments according to their purchase dates and retain their original fixed rate.

The higher yield follows renewed inflationary pressure. US consumer prices rose 3.7% annually in September, compared with 3.4% in August, according to the Bureau of Labor Statistics. Rising energy costs and other pressures contributed to the increase.

Investors can hold I bonds for up to 30 years but cannot redeem them during the first year. Cashing out before five years means forfeiting three months’ interest earned.

Related Tweet: