US Savings Bonds

[bdamomma]

Just a question I would like to ask a DU'er.

Are US savings bonds on the chopping block too??? I am in possession of two. Could I have these redeemed?

Thanks

[doc03]

1. I have a substantial amount in I Bonds, I hope they are safe. Musk has mentioned doing away with

the FDIC, are our bank accounts safe now? Trump has also killed the stock and bond markets. All things considered
US Bonds are about as safe as any alternative.

[NoRethugFriends]

4. The I bond rate has gotten very low

You'd be better off in Bank CDs

[exboyfil]

2. Only if the US plans to disavow debt

And if it does we are going to have far bigger problems. I am US govt bond heavy on my portfolio - never considered default risk was a possibility.

[bdamomma]

3. Thanks to

you both for answering my question. DU'ers are a fountain of information!!!

[Prairie_Seagull]

5. Lets hope there is no return to war bonds.

It needs a distraction about now.

[wishstar]

6. If you cash an I-Bond before 5 years, you lose last 3 months of interest

I have some older I-Bonds that are currently earning a good total rate since their initial base interest was quite a bit higher than current base rate so I may hold them to maturity which is 30 years. Best to check the Treasury website to find out current value if cashed in.

[bdamomma]

7. Thank you