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If you follow this link:

It shows the current I-bond rate, which is a slightly different animal than a 30-year TIPS since one can cash in an I-bond at any time over the course of 30 years and get the money. Also, I suspect that a TIPS pays semi-annual interest that is taxable immediately, while I-bonds defer taxes, as these are another class of savings bond in essence.

It should be noted that the rate on an I-bond is subject to change every 6 months and may well drop below 7% due to inflation dropping enough or the fixed portion decreasing.

Here's a link to more about I-bonds:

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