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Low bond Yields Are Killing Muni Tax Breaks By Daren Fonda Updated Jan. 15, 2020 8:00 am ET / Original Jan. 15, 2020 4:58 am ET Don’t expect to reap much of a tax break from municipal bonds anymore.
Investors have flooded into muni bond funds, expecting to reap savings by owning nontaxable bonds issued by states, municipalities and other local-government entities. But bond prices have risen so much, pushing yields down, that the savings are getting tougher to find
