I finally managed to pick up Your Money or Your Life
), and I'm to the point where they tout the use of treasury bonds as the best investment. When the November auction comes around, I'd like to know enough to feel comfortable about participating. Until I do pick up a book on it, can someone tell me how the auctioning process itself goes?
I see I Bonds are bought at face value. There's a thread here recently about I Bond interest rates, but my question is in what ways are they better than treasury bonds? If there are links to other threads about this already, even better; my search fu martial arts still need much practice.