‘Bond heaven’ defies the disasters in munigeddon

By: Joe Mysak March 11, 2010

Buy me while you still can. That's what the municipal bond market is telling investors. It's also telling them not to fret about state and local economies, beset as they are by budget deficits, pension shortfalls and rising health-care costs. Of course, this market doesn't speak in English, but in numbers. Sometimes, such as when tax-exempt bonds ...

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‘Bond heaven’ defies the disasters in munigeddon

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