diff --git a/.changeset/dry-eggs-leave.md b/.changeset/dry-eggs-leave.md
new file mode 100644
index 00000000000..9e9903360b6
--- /dev/null
+++ b/.changeset/dry-eggs-leave.md
@@ -0,0 +1,5 @@
+---
+"@hashicorp/design-system-components": patch
+---
+
+Fixed bug in `Link::Standalone` and `Link::Inline` components that added `target="_blank"` and `rel="noopener noreferrer”` attributes in any case/condition.
diff --git a/packages/components/addon/components/hds/link/inline.hbs b/packages/components/addon/components/hds/link/inline.hbs
index e641bbd62f0..d4f2fe18e16 100644
--- a/packages/components/addon/components/hds/link/inline.hbs
+++ b/packages/components/addon/components/hds/link/inline.hbs
@@ -9,8 +9,7 @@
   @route={{@route}}
   @isRouteExternal={{@isRouteExternal}}
   @href={{@href}}
-  target="_blank"
-  rel="noopener noreferrer"
+  @isHrefExternal={{@isHrefExternal}}
   ...attributes
 >{{#if (and @icon (eq this.iconPosition "leading"))~}}
     <span class="hds-link-inline__icon hds-link-inline__icon--leading">
diff --git a/packages/components/addon/components/hds/link/standalone.hbs b/packages/components/addon/components/hds/link/standalone.hbs
index d051d617af0..050a8f49d5d 100644
--- a/packages/components/addon/components/hds/link/standalone.hbs
+++ b/packages/components/addon/components/hds/link/standalone.hbs
@@ -8,8 +8,6 @@
   @isRouteExternal={{@isRouteExternal}}
   @href={{@href}}
   @isHrefExternal={{@isHrefExternal}}
-  target="_blank"
-  rel="noopener noreferrer"
   ...attributes
 >
   {{#if (eq this.iconPosition "leading")}}
diff --git a/packages/components/tests/integration/components/hds/link/inline-test.js b/packages/components/tests/integration/components/hds/link/inline-test.js
index 0097c7b1336..f733ca185a0 100644
--- a/packages/components/tests/integration/components/hds/link/inline-test.js
+++ b/packages/components/tests/integration/components/hds/link/inline-test.js
@@ -63,6 +63,31 @@ module('Integration | Component | hds/link/inline', function (hooks) {
     assert.dom('#test-link > span').hasText('test');
   });
 
+  // TARGET/REL ATTRIBUTES
+
+  test('it should render a <a> link with the right "target" and "rel" attributes if @href is passed', async function (assert) {
+    assert.expect(2);
+    await render(hbs`<Hds::Link::Inline @href="/" id="test-link" />`);
+    assert.dom('#test-link').hasAttribute('target', '_blank');
+    assert.dom('#test-link').hasAttribute('rel', 'noopener noreferrer');
+  });
+  test('it should render a <a> link with custom "target" and "rel" attributes if they are passed as attributes', async function (assert) {
+    assert.expect(2);
+    await render(
+      hbs`<Hds::Link::Inline @href="/" id="test-link" target="test-target" rel="test-rel" />`
+    );
+    assert.dom('#test-link').hasAttribute('target', 'test-target');
+    assert.dom('#test-link').hasAttribute('rel', 'test-rel');
+  });
+  test('it should render a <a> link withhout "target" and "rel" attributes if @isHrefExternal is false', async function (assert) {
+    assert.expect(2);
+    await render(
+      hbs`<Hds::Link::Inline @href="/" @isHrefExternal={{false}} id="test-link" />`
+    );
+    assert.dom('#test-link').doesNotHaveAttribute('target');
+    assert.dom('#test-link').doesNotHaveAttribute('rel');
+  });
+
   // ASSERTIONS
 
   test('it should throw an assertion if both @href and @route are not defined', async function (assert) {
@@ -79,13 +104,13 @@ module('Integration | Component | hds/link/inline', function (hooks) {
   });
   test('it should throw an assertion if an incorrect value for @color is provided', async function (assert) {
     const errorMessage =
-      '@color for "Hds::Link::Standalone" must be one of the following: primary, secondary; received: foo';
+      '@color for "Hds::Link::Inline" must be one of the following: primary, secondary; received: foo';
     assert.expect(2);
     setupOnerror(function (error) {
       assert.strictEqual(error.message, `Assertion Failed: ${errorMessage}`);
     });
     await render(
-      hbs`<Hds::Link::Standalone @icon="film" @text="watch video" @href="/" @color="foo" />`
+      hbs`<Hds::Link::Inline @icon="film" @text="watch video" @href="/" @color="foo" />`
     );
     assert.throws(function () {
       throw new Error(errorMessage);
diff --git a/packages/components/tests/integration/components/hds/link/standalone-test.js b/packages/components/tests/integration/components/hds/link/standalone-test.js
index 27d93447f6f..1e4108d3ebe 100644
--- a/packages/components/tests/integration/components/hds/link/standalone-test.js
+++ b/packages/components/tests/integration/components/hds/link/standalone-test.js
@@ -76,6 +76,33 @@ module('Integration | Component | hds/link/standalone', function (hooks) {
     assert.dom('#test-link').hasText('Copy to clipboard');
   });
 
+  // TARGET/REL ATTRIBUTES
+
+  test('it should render a <a> link with the right "target" and "rel" attributes if @href is passed', async function (assert) {
+    assert.expect(2);
+    await render(
+      hbs`<Hds::Link::Standalone @text="watch video" @href="/" @icon="film" id="test-link" />`
+    );
+    assert.dom('#test-link').hasAttribute('target', '_blank');
+    assert.dom('#test-link').hasAttribute('rel', 'noopener noreferrer');
+  });
+  test('it should render a <a> link with custom "target" and "rel" attributes if they are passed as attributes', async function (assert) {
+    assert.expect(2);
+    await render(
+      hbs`<Hds::Link::Standalone @text="watch video" @href="/" @icon="film" id="test-link" target="test-target" rel="test-rel" />`
+    );
+    assert.dom('#test-link').hasAttribute('target', 'test-target');
+    assert.dom('#test-link').hasAttribute('rel', 'test-rel');
+  });
+  test('it should render a <a> link without "target" and "rel" attributes if @isHrefExternal is false', async function (assert) {
+    assert.expect(2);
+    await render(
+      hbs`<Hds::Link::Standalone @text="watch video" @href="/" @icon="film" @isHrefExternal={{false}} id="test-link" />`
+    );
+    assert.dom('#test-link').doesNotHaveAttribute('target');
+    assert.dom('#test-link').doesNotHaveAttribute('rel');
+  });
+
   // ASSERTIONS
 
   test('it should throw an assertion if both @href and @route are not defined', async function (assert) {