Mapping the Risky New World of Municipal Bonds
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Many municipal bond investors are enjoying unusually high yields. While returns on munis have historically been about two-thirds those of U.S. government securities, they are paying higher rates than Treasuries in the current credit crisis鈥攔oughly 4.2% on a top-rated, 10-year bond.
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Mapping the Risky New World of Municipal Bonds (8 photos)
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