Are municipal bonds a good investment in 2021?
On the plus side, highly-rated municipal bonds are generally very safe investments compared to almost any other investment. The default rate is tiny. As with any bond, there is interest rate risk. If your money is tied up for 10 or 20 years and interest rates rise, you'll be stuck with a poor performer.
What are the current rates for municipal bonds?
Municipal Bonds
Name |
Yield |
Time (EST) |
BVMB2Y:IND Muni Bonds 2 Year Yield |
1.27% |
4:01 PM |
BVMB5Y:IND Muni Bonds 5 Year Yield |
1.57% |
4:01 PM |
BVMB10Y:IND Muni Bonds 10 Year Yield |
1.85% |
4:01 PM |
BVMB30Y:IND Muni Bonds 30 Year Yield |
2.30% |
4:01 PM |
Who does FMSbonds clear through?
Wells Fargo Clearing Services, LLC
What is the interest rate on tax-free municipal bonds?