Inflation Beaters: What You Need to Know About I Bonds and High Yield Savings Accounts The recent surge in inflation has left many savers scrambling for ways to protect their money's purchasing power.
With traditional savings accounts offering paltry interest rates, some are turning to more exotic alternatives like Series I bonds and high yield savings accounts (HYSAs) as a hedge against rising prices.
I bonds offer a guaranteed return on investment, backed by the full faith and credit of the U. S. government.