Submitted by Mrs_WorkingMuggle t3_yebage in personalfinance
brshoemak t1_itycpjy wrote
Reply to comment by wastedkarma in Treasury Direct log in issue by Mrs_WorkingMuggle
FOMO more than likely. People hear about I Bonds because they hear a magical deadline is coming up. They also realize it's a good deal. Traffic picks up and a page times out. The media covers that fact (search Google for examples) and suddenly everyone wants I Bonds.
High demand on a site that looks like it was made in GeoCities 30 years ago causes timeouts and amplifies the FOMO. Vicious cycle.
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