Treasury Rate Watch Data as of Aug 31, 2026

Average interest rate

United States Savings Inflation Securities

Series I savings bonds, whose return combines a fixed rate set at issue with a component that tracks the Consumer Price Index. The figure here is the weighted average across every I bond still outstanding, so it blends decades of issues sold under very different terms.

Latest (Aug 2026)
4.50%
▲ +0.030 pp MoM
Year-over-year
▲ +0.792 pp
vs. Aug 2025
13-year low
0.47%
Oct 2015
13-year high
10.25%
Sep 2022

This is an average, not today's rate. This is the average across I bonds already issued, not the rate a bond bought today would earn. The current I bond composite rate is set every May and November and is published by TreasuryDirect. For the market's own price of inflation protection, see TIPS real yields and breakeven inflation.

United States Savings Inflation Securities — average rate history

Monthly, Jan 2013 – Aug 2026.

0.0%2.9%5.7%8.6%11.4%2014201620182020202220242026 4.50%

Download: rates-savings-inflation-securities.csv · CSV · public domain

Last 24 months

MonthAvg. rateMoM
Aug 20264.496%▲ +0.030 pp
Jul 20264.466%▲ +0.048 pp
Jun 20264.418%▲ +0.035 pp
May 20264.383%▲ +0.034 pp
Apr 20264.349%▲ +0.068 pp
Mar 20264.281%▲ +0.033 pp
Feb 20264.248%▲ +0.035 pp
Jan 20264.213%▲ +0.059 pp
Dec 20254.154%▲ +0.041 pp
Nov 20254.113%▲ +0.040 pp
Oct 20254.073%▲ +0.251 pp
Sep 20253.822%▲ +0.118 pp
Aug 20253.704%▲ +0.125 pp
Jul 20253.579%▲ +0.207 pp
Jun 20253.372%▲ +0.147 pp
May 20253.225%▲ +0.144 pp
Apr 20253.081%▼ -0.264 pp
Mar 20253.345%▼ -0.119 pp
Feb 20253.464%▼ -0.122 pp
Jan 20253.586%▼ -0.211 pp
Dec 20243.797%▼ -0.151 pp
Nov 20243.948%▼ -0.147 pp
Oct 20244.095%▼ -0.244 pp
Sep 20244.339%