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By Steven Permut & David Moore - March 2020
Notes from the Municipal Bond Desk
As interest rates edge lower, investors or left looking for new sources of income. Used wisely, we believe high-income bonds may fill that need.
California’s economy faces state-specific challenges from wildfires and drought. But like other states, a strong fiscal backdrop continues to support a positive outlook for the Golden State’s municipal bonds.
Hear how spending and tax proposals may impact the markets, investments, retirement planning and more from a true Washington insider. Watch now.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.
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