I-Bond Real Rates Triple In November!

That's right! They've gone from 0.1% to a whopping 0.3%! Just look at that massive spike in the chart. Wonderful!

Who said I can't be optimistic when conditions warrant it?



I've already bought I-Bonds this year when they were offered at 0.7% (using the rates as of November of 2008 and good for six months thereafter). It has been my hope that I-Bond rates would be at least somewhat tolerable by November of next year. So far, so good.

I'm trying my hardest not to mention terms like "illusionary lipstick", "pig", and/or "dead cat bounce" though. There's just no need for that sort of negativity around here now that the economy has rebounded so robustly.

I'm also trying not to mention that I-Bond rates have perhaps spiked unsustainably high and might be due for a massive correction. I mean really, tripling to a whopping 0.3%? The higher the rates go the farther they can fall. Right?

I won't mention these things though, because that might get investors to think that the same thing might happen to riskier assets at some point. "Crash" and "mall traffic" are words I'm specifically not mentioning by name.

Disclaimer: Commentary may have contained sarcasm. Past performance of I-Bond rates may not be indicative of future I-Bond rates. Illusionary lipstick, pigs, dead cat bouncing, crashes, and mall traffic mental images are offered simply as opinions and should not be construed as investment advice.