Showing posts with label municipal bonds. Show all posts
Showing posts with label municipal bonds. Show all posts

30 April 2010

Muni Bonds: Time to Head for Higher Ground?


J. P. Morgan and Charles Schwab have just announced a program to make municipal bonds more available to small investors.




Let's see, record low interest rates and looming risk of default from undisclosed obligations, or perhaps a brisk uptake in inflation. Sounds like a plan (for the big dogs to unload).

Yikes!