Some See Signs the Government Is Phasing Out Savings Bonds
Whether by design or by accident, the trusty U.S. savings bond may be in its waning days.
Recent moves by the federal government encourage small investors to forego savings bonds and, instead, to purchase other types of U.S. Treasury securities.
The latest blow to what has been a gift of choice for generations of grandparents, aunts and uncles came May 1, when the U.S. Treasury announced new savings bonds rates. For purchases between May 1 and Oct. 31, the fixed rate on new Series EE bonds... Full Story
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