BKN - Inflation? For Muni Investors The Right Strategy Is Key
By Daryl Clements
Transcript
Municipal bond investors are clearly worried about rising rates and rising inflation. How do I protect myself - I being the investor - how do I protect myself against rising rates and rising inflation because the idea is to win without losing in this environment?
Now, one way to do that is to buy a TIP-a Treasury Inflation-Protected Security-and that will clearly protect you against inflation. But is it the most tax-efficient way to provide that inflation protection? Because a TIP, the Treasury component of it, the income off that is