Municipal Bonds Getting Punched Around by Virus

Municipal Bonds

As paltry as the returns from municipal bonds are, at least compared to stocks, they still attract a lot of investment, due to investors thinking that they are so safe. Think again. We’ve been worried for a while about the potential hit that municipal bonds, or munis, could take from this economic shutdown, and we’re […]

Fed Expands Bond Buying to Now Include Junk Bonds

Junk Bonds

The Federal Reserve normally confines its bond buying to U.S. treasuries, and its buying corporate bonds is a big departure. Buying corporate junk bonds is even more so. The Federal Reserve Bank of the United States normally only seeks to manage the economy by taking actions that either increase or decrease the country’s money supply, […]