I-Bonds - buy more before 1 Nov 2025 reset?

[Dieter]

So, given the expectation that fed rates are coming down in the near future, anyone else thinking about getting I-Bonds before 1 Nov 2025 to lock in the 1.1% fixed rate?

On my 'likely' to do list for late September or October

I-Bond - "Cash" with:
* Currently 3.98%
- Guaranteed at least 1.1% for up to 30years
- Inflation Adjusted (yeah, it's not the 'real' rate of inflation, but, it's something)
* No state tax
* Deferred Federal Taxes until sell
* If buy late in a month, get interest for the full month
* If sell early in a month, get interest for the full month

Yeah, a little less than MM right now -- Vanguard MoneyMarkets are around 4.2%

I didn't realize that Ally and Capital One are at 3.5%, so, less while being fully taxable

Am I missing any downsides? (Other than can't access for one year; lose 3 months of interest if sell within 5years)

Seems good (least bad) for deep cash \ emergency fund

[boglerdude]

Downside is Leftists will be happy with 8% M2 if they can blame Trump, so buckle up

At what rate on current ibonds you hold, does it make sense to sell then buy at 1.1% fixed. Considering 3 mo interest penalty

edit: Here are the breakevens https://youtu.be/k1etC0wGFHE?t=217