American Century’s Gotelli: What to Know on Munis Amid Yield Highs
The yield on the 30-year hit a multi-decade high this week, spiking amid continued fiscal and monetary concerns. The 30-year hitting 5.45%, its highest mark since 2004, comes amid an already busy year for bonds. Muni bonds, in particular, have seen major issuance and opportunity for long-term invest
