Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Knighty Tin who wrote (256225)	8/18/2003 12:21:00 PM
From: Horgad	Read Replies (1) of 436258

I just saw your response. Thanks. How good are the muni-bond CEFs at reacting to rising interest rate? IE what are the chances that the muni-bond CEFs get stuck with a bunch of bonds yielding sub par interest and their book value takes a big hit. I am expecting interest rates to come back in a big way sometime in the future and anything with the word bond in it makes me nervous.

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