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I appreciate your article, "Man Bites Dog, Almost." I have about $4 million already invested in muni bonds and another $1.5 million in cash that I have been afraid to invest in bonds. I have about $500,000 in stocks, which haven't done much in the past few years. Should I wait for interest rates to go up? I am 58 and near retirement.
- J.M., California

Klotz on Bonds:

Man Bites Dog, Almost

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President

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Klotz on Bonds:

A Disappointing Year for Doomsayers

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Analysts' Insight:

S&P Reviews Bond Insurers

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