On Friday, the Department of the Treasury changed the rate for I bonds purchased within the next six months to 4.03%, up slightly from 3.98%. The increase is due to unruly inflation between April and ...

I Bonds, or Series I savings bonds, are government-backed securities designed to help protect your money from inflation. These bonds combine a fixed interest rate with an inflation-adjusted rate, ...

The rate, which will be in effect for six months, compares with the 3.98% rate that has prevailed for the past six months ...

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. J.R. Whalen: Here's Your Money Briefing for Thursday, October 17th. I'm J.R.