Want to track MLN and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
The Case For Long-Term Munis: Positioning For Rate Cuts
The Federal Funds rate has held steady at 5.33% for over a year, but the Federal Reserve is now signaling that this period may be coming to an end. Long-term municipal bonds are emerging as a strong alternative to Treasuries. Municipal bonds are exempt from federal taxes and, in some cases, exempt from state and local taxes. The supply of municipal bonds has gotten off to a big start this year. Even with the possibility of lower rates in the future, issuers have issued more new debt than ever in the last decade.
Seekingalpha | 1 year ago
