Here is a weekly chart of the Van Kampen Investment Grade Municipal Trust (VGM) - which btw has a tax free yield of 7.44%
Thursday, September 8, 2011
Municipal Bonds reaching new highs....
After the Meredith Whitney Muni Bond scare almost a year ago, Municipal Bond prices have come storming back. Just about every Muni Bond on our clients books are now trading at a premium to par.
Here is a weekly chart of the Van Kampen Investment Grade Municipal Trust (VGM) - which btw has a tax free yield of 7.44%
Here is a weekly chart of the Van Kampen Investment Grade Municipal Trust (VGM) - which btw has a tax free yield of 7.44%
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