Not the ones with durations in the stratosphere of most people's portfolio.Early TIPS with high rates were an even better deal; when interest rates decreased, one had the option of holding and continuing the original high yield-to-maturity OR selling at a premium.Ibonds tend to be a good deal when interest rates move sharply up or down. Many people made out like bandits when they bought them when the fixed rate was ~3%. A poor scenario for ibond holders is if rates remain stable.This may be a contrarian view, but I thought IBonds were a much better deal when interest rates were low and the prospect of rising rates was not implausible.
Statistics: Posted by Wwwdotcom — Sun Jul 28, 2024 9:22 am