The yields on municipal bonds have been edging up lately. The Composite Bond rates at Yahoo shows a rate of 5.57 for a 20 year AAA rated municipal. If your marginal tax rate is 30% then that equates to a 8% taxable rate.
"Too many of us look upon Americans as dollar chasers. This is a cruel libel, even if it is reiterated thoughtlessly by the Americans themselves."
-- Albert Einstein
The yields on municipal bonds have been edging up lately. The Composite Bond rates at Yahoo shows a rate of 5.57 for a 20 year AAA rated municipal. If your marginal tax rate is 30% then that equates to a 8% taxable rate.
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