Klotz on Bonds:
News and perspectives from the president of FMSbonds:
As Everyone Else Borrows, Municipal Bond Debt Shrinks
While much of the country ramps up its borrowing, state and local governments are continuing their penny-pinching ways as outstanding municipal bond debt continues to fall.
Today’s Market Especially Cruel To Bond Ladders
It’s never a good time to build a short-term bond ladder, but can you imagine how investors who did are faring today amid the recent market turmoil?
Muni Strategy Amid The Inverted Yield Curve
When the Fed raised interest rates last year, we cautioned municipal bond investors it wasn’t what it seemed.