In a recent Hacker News thread about preparing financially for a possible recession, a commenter suggested investing in iBonds. iBonds are one of those investments I’ve seen in passing every time I read a personal finance book, but I’ve never paid much attention to them. When I saw that iBonds are currently paying 9.62% interest, I decided to give them a closer look. What are iBonds? iBonds are the colloquial name for Series I Treasury savings bonds.