Is investing in US Treasury I bonds with a 6.89% interest rate a good move for saving money?

Is investing in US Treasury I bonds with a 6.89% interest rate a good move for saving money? I recently came across the US Treasury offering I bonds with a 6.89% interest rate, and it seems like a great opportunity to park some dollars and earn some returns. However, I can't help but wonder if there are any drawbacks or hidden risks associated with this investment option. I would greatly appreciate any advice or insights from the commun...

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