Keep An Eye On April 30th.

Why April 30th? Well, because that's the day the Treasury Dept. will adjust the yield (interest rate) on the "EE" U.S. Savings Bonds; which it does every six months. What's that mean to the bond buyer? When you buy "EE" U.S. Savings bonds the return is set at whatever the rate is at the time of purchase (+ compounded interests). Currently, as it has been for the last five years, that rate is a nominal 0.10% which is not much. However, historically during economic downturns, the Treasury has set EE Savings Bond rates substantially higher as much as 3.50% - 4.0 %. And under the current administration's zeal for a return to its recent economic surge, I wouldn't be surprised if the new rate could be higher than that.

So, if you're into Safe, Secure, Guaranteed long term (5-30 years) savings vehicles that are not open to the ravages of "the market" May 1st might just be a really Good day to seriously consider EE U.S. Savings Bonds. ;-)

P.S. "I" series Savings Bonds rate is currently 2.22 % For more information on U.S. Savings Bonds visit; https://www.savingsbonds.gov