Bonds

I Bonds are a kind of inflation-protected savings account. In this article, I’ll describe their general characteristics and some of their limitations. In a follow up article, I’ll describe when I Bonds can make sense as an investment. Series I Savings Bonds: Protection against inflation Series I Savings Bonds are inflation-protected U.S. Savings Bonds. Also [Learn more…]

There has been a lot of talk in the press recently about bonds (just two recent examples – one in the Wall Street Journal and one in the Boston Globe). Most if not all of the articles make the following argument: Interest rates are at historic lows. Therefore, interest rates must Rise; Rise soon; Rise [Learn more…]