News Buy I bonds now to lock in a record 9.62% for 6 months. On Nov. 1, the rate drops to 6.48% October 20, 2022October 20, 2022Medora Lee, USA TODAYComments Off on Buy I bonds now to lock in a record 9.62% for 6 months. On Nov. 1, the rate drops to 6.48% I Bond rates will drop to 6.48% on Nov. 1 from a record high 9.62%. If you act quickly, you can still lock in the record rate for six months.