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April 18, 2016

Slow and steady muni bonds are hot again

  • Mostly high income earners are once again pouring in dollars in search of safety.
  • By STAN CHOE
    AP Business Writer

    NEW YORK — Boring? Give me more of that!

    The municipal-bond market looks to be regaining its reputation for delivering reliable if unsexy returns, following several big swings since the financial crisis. It's remained sturdy in recent months, even as stocks and other types of bonds have jerked up and down. That has investors, mostly high income earners, once again pouring in dollars in search of safety.


     
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