Klotz on Bonds:
News and perspectives from the president of FMSbonds:
As trade wars roil stocks, munis stand to gain.
While most economists and pundits have relentlessly trumpeted their predictions of a rising interest rate environment, a funny thing happened.
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.