Advisors turn to I-bonds and TIPS as inflation hits 3.8%
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With inflation hitting a three-year high of 3.8%, advisors are recommending shifts to inflation hedges like I-bonds, TIPS, Treasury bills, and money markets. This strategy aims to protect against eroding cash value, as low-yield savings accounts (e.g., 0.01% APY) fail to keep pace with rising consumer prices, significantly squeezing household budgets.
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