A peculiarity of the tax code gives fund investors an advantage over bond investors. Say a bond comes out at par and sinks to ...

Use investment instruments according to their design; municipal bonds are best for high-income US taxpayers seeking tax-free ...

The simultaneous stock market decline and flood of money into bonds is crystal clear in the yield on the benchmark 10-year Treasury bond, which fell below 4% during the first week of April, down from ...