Municipal bonds are also considered a safe investment — it’s unlikely local governments would fail to pay investors back — and they can help balance out the risks in an overall portfolio, Winecoff said.
Topic
municipal bonds
Research says Dodd-Frank cuts interest costs
The Dodd-Frank Act's provisions to protect municipal issuers lowered interest costs in the muni market by a significant amount, according to research released Tuesday. "I estimate that for an average bond issue, Dodd-Frank resulted in about $600,000 in interest...
EJB Talks New Faculty Spotlight: The Importance of Municipal Bonds and the Roles They Play
New faculty member Ruth Winecoff talks about the inspiration behind her research on municipal bonds, and the important role they play in our country, particularly for our towns and municipalities.