Municipal Bond Forum
The lone voice
Q
Why does a CNBC analyst say municipal bonds are bad investments and should be avoided? I hold many munis.
A
James A. Klotz responds:
Because we didn’t hear the interview, we can’t comment on what was said. But for every pundit who says sell muni bonds, there are two who recommend buying them.
Municipal bond funds have experienced inflows of cash 47 out of the past 49 weeks. Clearly, investors are not worried.
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This report is produced solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. This report is based on information obtained from sources believed to be reliable but no independent verification has been made, nor is its accuracy or completeness guaranteed.