Indexology®: The Rieger Report: Boring is good! Municipal Bonds Return 9.26% in 2014
January 03, 2015 at 07:00 AM EST
The municipal bond market steadily marched upward in 2014 and the S&P Municipal Bond Index ended up 9.26%. The main ‘drama’ during the year came from the Detroit bankruptcy proceedings and wild swings of prices of bonds issued by Puerto Rico. Overall, low new issue supply and relatively...
