U.S. Treasury Savings bonds may be familiar to long-term investors. The Series I bond is one type of government issued savings bond. Read on to explore how I bonds work, their benefits, risks and how they potentially fit into an investment strategy.
What Is A Series I Bond?
A Series I Bond is a government issued savings bond that earns an interest rate based on a formula, and cannot be bought or sold in secondary markets. In other words, you can’t trade them like you would stocks.
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