Municipal bonds backed by tobacco company settlement payments had their first default this month, when Nassau County, N.Y., failed to make a June 1 payment. Backed by a stream of payments states ...
The historical record is clear: municipal bonds default far less frequently than corporate bonds, and the gap is especially wide in the high yield segment. Investment-grade munis have a long-term ...
For decades, the playbook for high-income investors was almost reflexive: put municipal bonds in your taxable account, put ...
While tax season may be over for the nearly 140 million Americans who filed their returns by April 15, a proposed ...
Quick ReadReplacing a $45,000 teacher salary with muni bond income at 3.7% requires ~$1.2M, saving $66,000 in capital over ...
Retirees often seek out stable investments, and ones that generate steady income they can use to cover their expenses. And municipal bonds fit the bill nicely in both regards. Municipal bonds, or ...
While stable, income-producing bonds warrant a position in any diversified portfolio, there are drawbacks to owning municipal bonds, or "munis." Though they are exempt from federal taxes and are ...