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Kiplinger
Kiplinger
Business
Paul Malloy

Here's Why Munis Aren't Just for Wealthy Investors Now

A businessman reaches for cash lying on the ground.

If you spotted a $20 bill on the sidewalk, would you pick it up? Most of us wouldn't hesitate.

Yet in today's municipal bond market, many investors walk past what could be the fixed income equivalent of that $20 — especially in the intermediate to long end of the yield curve.

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