Munis could be good bit for long-term investors

01/7/2009 | Google

Buyers are finding bargain prices in the municipal bond market as concerns continue over the sector. "There could be more volatility in the year ahead, but if you have a longer-term horizon we think they are very good investments," said Miriam Sjoblom, a mutual fund analyst at Morningstar. SIFMA has created a Web site -- www.investinginbonds.com -- to provide investors with pricing and basic buying information about bonds.

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