> If you have not bought I bonds yet, why not? With interest rates climbing, I do believe there's a chance of deflation risk, which would set the I-bonds to 0%

> If you have not bought I bonds yet, why not? With interest rates climbing, I do believe there's a chance of deflation risk, which would set the I-bonds to 0% in the next interest rate. That is to say, I-bonds are variable rate against inflation. US Treasury bonds are fixed rate. You get exactly the rate that's on the tin. I think that I-bonds are more difficult to understand and calculate in light of this. Its easier and simpler in my opinion, to simply invest into 1M or 3M treasuries while waiting for the interest rates to climb up. -------- Its a hard balancing act for sure. I-Bonds (and their closely related TIPS brothers) are a play on inflation. Which means you need to understand one more thing in the market. At least I-bonds are capped at 0% losses. TIPS may lose value in deflation