What makes I-bonds unique compared to other types of bonds?

What makes I-bonds so unique compared to other types of bonds is that they provide a bit of protection against high inflation. In addition to paying a fixed interest rate that the Treasury sets, I-bonds also pay an inflation-adjusted variable rate determined by changes in the inflation rate as measured by the Consumer Price Index (CPI).

What is the difference between EE bonds and I bonds?

I bonds, with their inflation-adjusted return, safeguard the investor's purchasing power during periods of high inflation. On the other hand, EE Bonds offer predictable returns with a fixed-interest rate and a guaranteed doubling of value if held for 20 years.

What is a 'I bond' & how does it work?

The term "I bond" refers to the fact the rate is set using both a fixed rate and a variable rate based on the latest inflation rate, as measured in the U.S. by the consumer price index (CPI). I bonds currently pay 4.30% and will continue to do so for any bonds purchased through Oct. 31.