Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Municipal Bonds: A Train Wreck Waiting To Happen

Wednesday, December 5, 2012 - 6:44 AM
From FORTUNE via CNNMoney.com
Unlike U.S. Treasury securities and many corporate bonds, lots of investment-grade muni bonds can be -- and will be -- called in for early redemption by their issuers. That means that muni bonds' apparent interest yields are way above the actual yield that you'll get if you buy at today's price.

Read more
3
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,634
Reply