<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by owl:
Hello! Does it look like the rates will go up in Nov so that I should buy all of this year's then?
(I've already got my sights set on a Starwood-Quantas fun vacation with the miles earned!)
Thank you!</font>
I would say it is way too early to tell what will happen in Nov. The I bonds are yielding lower than the 3% and are tied to inflation.
The E bonds are almost 4, and so it definitely makes sense to buy them now - even if they are to go up in Nov. They are tied to the 5 yr Treasury, which has actually come down a little bit - but what will happen in the next 5 months is anybody's guess (and anyone who claims they know simply fits into the category of those who call you and tell you they have a great stock to buy).
Regardless - check the billing cycle on your credit card, and try to buy AFTER it closes for a month, but by the 28th. This puts off the time to pay for them until almost 2.5 months after the issue date (they are issued on 1st of the month in which they are purchased).