The new I bond rate for May to November 2009 will be 0.0%, as expected. The fixed rate will unfortunately drop to 0.1%.
All I bonds will drop to 0% as the deflation measured this period was significant enough to offset even the highest fixed rate ever issued. I bonds adjust rates every 6 months based on the issue month, so between now and November, bonds will drop down as they reach their 6 month mark.
I Bonds Rates
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