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The Popularity Of (And Problem With) Municipal Bonds

edited January 2020 in Fund Discussions
https://www.npr.org/2020/01/08/794648421/the-popularity-of-and-problem-with-municipal-bonds


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The Popularity Of (And Problem With) Municipal Bonds

Municipal bonds, or "munis," are having a moment. With interest rates at near-historic lows, investors are thirsty for yield. They're also keen to maximize any tax advantages that might be available to them, following recent changes to the tax code. Munis fit the bill in both cases, as riskier issuers come to market, with lower-rated and higher-yielding bond

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