Klotz on Bonds:
News and perspectives from the president of FMSbonds:
Tobacco bonds, buffeted by the sagging fortunes of the companies that back them, could receive a boost after regulators approved a new device to compete with e-cigarettes.
When he’s not steering monetary policy for the largest economy on Earth, Federal Reserve Chairman Jerome Powell likes municipal bonds for his own portfolio.
A new bill would attract private dollars to help rebuild public buildings through tax-exempt bonds.