Everyone knows I love bonds, and after the recent turmoil in so many other corners of finance, I trust you agree. Once again in 2025, bonds' dual mandate of timely, reliable income and risk mitigation is proving its value.
Hence my segue into an assessment of the various sectors heading into summer. Despite lagging performance in early 2025, municipal bonds offer clear and present value, with yields as a percentage of Treasury rates that are extremely high.
