according to the Bloomberg US Municipal Bond Index. The Federal Reserve’s decision to lower interest rates by a quarter-point on Thursday was in line with market expectations and Fed Chair ...
Municipal bond investors face three key challenges: increased credit risk, interest rate volatility and difficulty in transacting ... team is composed of an experienced group of investment specialists ...
First, they pay more. Even with the 10-year rate up to 1.6% as I write, we can double or triple our dividends with munis. The iShares National Muni Bond ETF (MUB), for example, yields 2.1% ...
which have lost appeal as the Fed cuts rates. Then there is the tax factor. Municipal bonds’ returns are often exempt from ...