While the SEC and other regulators try to help consumers by pushing the investment community to provide more information, the Treasury is doing little to help buyers of U.S. savings bonds. The Treasury has forgotten that it too has a responsibility to ensure that consumers know what they are buying.

According to Savingsbondadvisor.com, more than 11 million Americans own a savings bond, which people often buy for others as well as themselves. Most people understand that when you buy a $100 EE Savings Bond for $50, it will eventually be worth $100. What they don't understand is how long that will take. Most people believe that savings bonds reach face value between seven and 10 years, but it takes much longer.

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