Discover how municipal bonds generate tax-free income, assess their benefits, and understand the risks involved in this investment option.

Despite offering historically attractive aftertax yields, municipal bonds were one of the worst-performing sectors in the fixed-income market through the first nine months of 2025. It’s been a ...

Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Vikki Velasquez is a researcher and writer who has managed, ...

Municipal bonds are drawing renewed attention from investors after a period of underperformance that has pushed yields and spreads to historically attractive levels. Dan Close, Head of Municipals at ...

State and local governments issued nearly $500 billion in bonds in 2024, then broke that record in 2025. The money is mostly funding infrastructure repair, expansion and new projects. Some bonds help ...

HYD offers diversified, tax-exempt exposure to high-yield municipal bonds, targeting income-oriented, tax-sensitive investors ...

The Federal Reserve recently published its Flow of Funds for the third quarter 2025. Such statistical releases provide interesting views into the use of debt across households, financial institutions ...

Investors who want to take advantage of a generational opportunity to capture attractive income on municipal bonds may not want to wait much longer, according to strategist Tom Kozlik. Yields have ...

The municipal-bond market delivered inconsistent returns over 2025, with performance pressured early in the year by uncertainty around federal tax legislation, heavy new-issue supply, volatility ...

Bonds help diversify portfolios and dampen volatility. Many investors find the bond market complex and confusing. Bonds are simple debt instruments despite perceived complexity. Adding bonds can ...