In an era of meager yields, a 7 percent-plus return on a seemingly safe municipal bond might appear irresistible. But if you're an investor in California tax-free bonds, you know firsthand just how resistible that deal can be.
Comment on California municipal bonds offer investors a rich, if risky, opportunity
Kathy M. Kristof, Washington Post: Business
Sat, 01/29/2011 - 3:17pm
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