iBonds all over the news these last couple of days. Seems that a juicy 9.6% rate for the next 6 months is set to go down as of midnight ET last night, and i heard a couple of different stories mostly on the radio about how the TreasuryDirect website that administers them was crashing due to high volume of people trying to lock in the deal.
I tried to add some but sure enough, no luck, site crashes. Just a big waste of time.,
New rate in effect for any bought now will be something like 6.3% range,
I would bet that public interest in iBonds is particularly high because stock outlook is so uncertain and all the money taken out of the markets, besides the obvious appeal of the almost unprecedented rates of these no risk bonds Treasury bonds.
Anyone have better luck?