Klotz on Bonds:
News and perspectives from the president of FMSbonds:
When the Fed raised interest rates last year, we cautioned municipal bond investors it wasn’t what it seemed.
In a market saturated with bonds selling above par, it’s surprising so many investors are unaware that premium bonds provide the best value in today’s muni market.
Fewer bonds doesn’t mean investors can’t find the bonds they want. In fact, supply might not be the issue at all.