Municipal Bond*
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* Municipal bond data provided by JJ Kenny. Disclaimer
The longer a bond's maturity, the more price risk you face as interest rates rise—but also the higher yield you could receive. Longer-term bonds are more suitable for investors willing to take a greater risk of price fluctuations to get higher and more stable interest income. Shorter-term bond investors should be willing to accept lower yields and greater income variability in return for less fluctuation in the value of their investment.
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