SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (283548)4/10/2004 2:32:15 PM
From: ild  Read Replies (1) of 436258
 
Does the Big Selloff in Munis Spell Opportunity?

By JENNIFER ABLAN
...

Jim Lynch of lynchmunicipalbond.com, however, has a different take. He says investors should be "patient," to use Greenspan & Co.'s current parlance, and wait for even higher yields.

"Munis as well as U.S. government bond yields aren't factoring in the ever growing federal deficit, the huge amount of U.S. government bonds to be sold and our reliance on foreign investors to finance our deficit," he says. "Municipal-bond investors should stay on the sidelines and wait for the ever expanding bond market bubble to explode with much higher yields."


online.wsj.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext