HYD: High Yield Munis Can Be An Equity Hedge, But Understand The Risks
December 19, 2019 at 12:31 PM EST
By Dividend Seeker Many investors are looking for ways to hedge against a potential decline in equities, after an impressive run in 2019. Municipal bonds are one of my preferred choices for fixed-income exposure, as they have historically low levels of defaults and a low correlation to the equity...