municipal bonds

Cultural  

1. Bonds issued by nonprofit bodies such as cities, public hospitals, and school boards. They bear relatively low interest rates, but accrued interest is exempt from federal income tax.

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municipal bonds

“No one can tell you with a straight face where interest rates are going,” Jim Lebenthal, who was a market strategist specializing in municipal bonds, wrote in 2009 in his now-classic “Lebenthal on Munis.”

From MarketWatch ● Aug. 21, 2026

Malik, however, makes the case for not lumping all AI stocks in the same basket, and looking to a broader mix of asset classes such as alternative credit and municipal bonds.

From The Wall Street Journal ● Jul. 4, 2026

Treasuries now yield 4% to almost 5%; investment-grade corporate bonds, 5% to 6%; mortgage securities, 5.5%; junk bonds, 7% or more; preferred stock, 6%; and municipal bonds, 2% to 4%.

From Barron's ● Jun. 26, 2026

Treasury bonds and notes, high-quality AAA-rated corporate bonds and municipal bonds for tax-efficient income.

From MarketWatch ● Jun. 2, 2026

He never speculated; but he bought government bonds, railroad bonds, municipal bonds, for he had great faith in his country.

From Half a Rogue by Harold MacGrath