New Series I Bond rate ticks up to 5.27%, with a hearty fixed rate for the long haul

The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3% fixed rate and a 3.94% inflation rate, according to the TreasuryDirect.gov website. That’s the highest fixed rate since 2007, notes Ken Tumin, editor of DepositAccounts.com.  

Investors who flocked to Series I bonds when inflation was at its peak did so for the high rate of return that peaked at a 9.62% annualized rate, which handily beat anything else on the market at the time. But they aren’t making those rates now. The rate you’d…