Investors are still flooding the Treasury Direct website despite the recent rebound for stocks.
The new year brought another surge of cash into Series I savings bonds.
Americans bought $4.26 billion worth of the securities last month for the best January on record, according to the US Treasury Department. That compares to $3.29 billion in January 2022 and just $106 million in the first month of 2021.
Have a confidential tip for our reporters?
Get in Touch
Before it’s here, it’s on the
BloombergTerminal
LEARN MORE
Up Next
I Bond Sales Topped $4.2 Billion for Best January on Record
