Junk bonds can provide substantial returns, but they also pose a greater risk of loss. Municipal bonds, or “munis,” are issued by state and local governments, as well as other governmental entities, to fund public projects like schools, highways, and water systems. Interest earned on corporate bonds is taxable at both the federal and sta

Junk bonds can provide substantial returns, but they also pose a greater risk of loss. Municipal bonds, or “munis,” are issued by state and local governments, as well as other governmental entities, to fund public projects like schools, highways, and water systems. Interest earned on corporate bonds is taxable at both the federal and sta

Junk bonds can provide substantial returns, but they also pose a greater risk of loss. Municipal bonds, or “munis,” are issued by state and local governments, as well as other governmental entities, to fund public projects like schools, highways, and water systems. Interest earned on corporate bonds is taxable at both the federal and sta