I Bonds: The secret weapon for hedging against inflation : The Indicator from Planet Money Savings bonds are known for their low yields and relative safety. However, the recent inflation spike is creating a heightened demand for the Series I Bond. Today, we learn the mechanics of the I Bond and why it might be the hottest investment of 2022.

A secret weapon to fight inflation

A secret weapon to fight inflation

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Education bonds, Series I, United States. lauradyoung/Getty Images hide caption

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lauradyoung/Getty Images

Education bonds, Series I, United States.

lauradyoung/Getty Images

When the government began selling inflation-linked savings bonds in 1998, not much was made of it. Inflation was low and opportunities for higher, faster returns were plentiful. Now, with inflation at historic highs and the stock market eating away at portfolios, sales of I Bonds have skyrocketed.

Today, we explain how I Bonds work and why they might be an option to protect your savings from inflation.

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