Condor Capital Management

Explore: Foreign Investors Flock to U.S. Municipal Bonds

Foreign Investors Flock to U.S. Municipal Bonds

Bonds

Municipal bonds (or munis) issued by state and local governments have long been favored by tax-conscious American investors. These securities provide the unique benefit of tax-free income, allowing investors to shield a portion of their nest egg from federal and most state and local taxes and boost their so-called tax-equivalent yield. As a result, these bonds, which help fund approximately three quarters of America‚Äôs infrastructure projects, are particularly attractive to Americans in higher tax brackets. Continue reading “Foreign Investors Flock to U.S. Municipal Bonds”