Municipal bonds are a staple of many investment portfolios, especially for investors in higher tax brackets. The tax-exempt nature of muni bonds helps boost after-tax returns while providing a high level of safety. But like the rest of the financial markets, muni bonds saw a historic drop in 2022, thanks to rising inflation and interest rates.
Let’s take a look at how the municipal bond market performed last year and what’s in store for 2023 and beyond.
dividend.com
by Justin Kuepper
Jan 25, 2023