Yes I’m aware of all that.
You don’t think that it’s a much better deal than a 1 year or 5 year CD? How much are you getting on them.
And do you think inflation is going to come down much over the next few years?
Another benefit of I-Bonds is that you don’t pay state taxes on the earnings, and you can defer the federal taxes until you sell them
Of course better than a 1- or 5-year CD currently. But a lot of folks, and a lot of financial writings in press & magazines are leading people to believe they’re locking in a 7.12% rate-of-return with new I-Bond purchase, and they’re not.
I’m not saying don’t buy them. I AM saying make sure you understand what you’re buying.