During an economic slump, local tax revenues often go down, raising the risks associated with at least some municipals. And, like corporates, many municipal bonds are callable.
bonds would help investors even if a recession is in the offing
But a few experts, going against the consensus, don't think bonds would help investors even if a recession is in the offing.
During an economic slump, local tax revenues often go down, raising the risks associated with at least some municipals. And, like corporates, many municipal bonds are callable.</s>But a few experts, going against the consensus, don't think bonds would help investors even if a recession is in the offing.</s>bonds would help investors even if a recession is in the offing