Financial Planning News
Wed, 2 Jan 2013
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Munis have faced both interest rate and credit risk pressures, but at current levels, this varied asset class is worth considering, especially for those in higher tax brackets, say Morningstar's Candice Lee and Eric Jacobson.
Improving municipal - bond market fundamentals and the potential for rising marginal tax rates should power investor interest in muni bonds in the coming years, says Cedar Ridge's Guy Benstead.
As investors realize the impact of new tax increases, municipals are going to become more valuable--but research is key to finding value and avoiding trouble, says Fidelity's Kevin Ramundo.
Correlations between municipal bonds and Treasuries are back on the rise after a bifurcation during the financial crisis.
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