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Can Muni Bonds Outperform Again In 2016?

FYI: Municipal bonds have been the sleeper hit among investment categories in 2015. They’re the biggest gainers in the bond market, outperforming corporates and Treasuries, and they’re poised to beat the major stock indexes as well.

The Merrill Lynch Muni Master index is up almost 3% year-to-date compared to a 0.81% loss in the Merrill investment corporate master index, a 0.36% loss in the Barclays agg and a less than 1% gain in the S&P 500 as of the market close on Tuesday, December 29.
Regards,
Ted
http://www.thinkadvisor.com/2015/12/30/can-muni-bonds-outperform-again-in-2016?t=mutual-funds&page_all=1

Puerto Rico Bond Default:
http://www.investmentnews.com/article/20151230/FREE/151239988?template=printart
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