Bonds are often cited as a core holding in retirement portfolios and for good reason. Bonds can help generate income for investors and are typically less volatile than stocks, but there are many ...
Bonds are a form of lending, not ownership. Issued by businesses, governments or agencies, they work like IOUs — investors lend money in exchange for regular interest payments and the return of ...
There are $3.7 trillion of outstanding municipal bonds, with hundreds of millions more issued each year. Munis have been termed “the second safest investment after U.S. Treasury debt.” Despite Detroit ...