I-bonds variable rate 2.76% Nov 1. - April 2017

[Scandium]

Saw this on Bogleheads. Basically what the title says. For 6 months from Nov 1st the variable rate on I-bonds will be 2.76%.

http://seekingalpha.com/article/4012796-breaking-news-bonds-variable-interest-rate-will-rise-2_76-percent-november-1

I'd only really be interested in I-bonds as part emergency funds and/or college savings, i.e. long time frames. So 6 months of good returns, then probably zero again, is not really that appealing. A return of 1.38% APY don't get me that excited.. 

[CanuckExpat]

Thanks for the reminder.

I generally like My Money Blogs regular updates on it, just checked and it's here: http://www.mymoneyblog.com/savings-i-bonds-november-2016-interest-rate.html

I use I-bonds as part of our bond allocation, specically for part I'd fill as TIPS otherwise. I'm not convinced about holding them or not, but the easiest thing is to continue with the plan.

I had maxed out my $10,000 purchase earlier in the year. Will decide if we buy another $10,000 with wife's limit in November.
We are currently cash heavy, and this is probably a better short term return at least for some of that cash.