Can Muni Bonds Sustain Recent Gains?

Year-to-date returns on municipal bonds, or debts issued by state or local governments to finance capital expenditures, have exceeded expectations in 2014 after taking a beating last year.
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Can Muni Bonds Sustain Recent Gains?
A 'Citi' sign is displayed outside Citigroup Center near Citibank headquarters in Manhattan on December 5, 2012 in New York City. (Mario Tama/Getty Images
11/17/2014
Updated:
11/17/2014