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Good News: 'The Sky Is Falling'

Thursday, August 1, 2013 - 10:48 PM
Have you heard the clucking?

It’s the sound of Chicken Little returning to the municipal bond market.

With high-quality municipals now yielding 4.25% or more (a tax-equivalent yield of 6.54% for investors in the 35% federal tax bracket), successful long-term investors hear the shrieks for what they really are: a signal to buy.

Good News: 'The Sky is Falling' - Municipal Bonds
ShorebreakShorebreak2,674 posts since
Apr 6, 2010
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