If you’ve ever tried to buy bonds from the Treasury Department, you might’ve run into your share of hurdles. Users have complained about several issues they’ve encountered with TreasuryDirect, ...
So many investors are rushing online to buy Series I savings bonds and lock in a rate of 9.62% ahead of an October 28 deadline that a U.S. Treasury Department website selling the securities crashed.
Inflation hedge Series I savings bonds paying 9.62% unleashed a flood of buyers to the Treasury Department website on Wednesday, crashing the website ahead of a Friday deadline to receive the ...
Stream NBC 5 for free, 24/7, wherever you are. Now, other assets, such as Treasurys, are taking longer to transfer from TreasuryDirect to brokerage accounts. In some cases, the wait could be up to 12 ...
Not only did you need your account number and password (which was entered on a virtual keyboard), but there were multiple security questions, plus you needed a physical access card. This card was ...
The 9.62% annualized rate for I Bonds proved too hot to handle for a last-minute rush on the Treasury Department's website. The I in I Bonds stands for inflation. And red hot inflation has driven up ...
The inflation-fueled frenzy to buy I Bonds led to an unprecedented volume of purchases in the last 24 hours, according to the U.S. Treasury Department. As of 4 p.m. Friday, TreasuryDirect saw 68,751 ...
Series I savings bonds have drawn a lot of attention over the last few years as inflation flew. Back in 2022, billions of dollars of I-bonds were sold when their interest rate ran up to 9.62%. As ...