It may seem like a paperwork snafu for the little-known Principal Street High Income Municipal GSTAX bond fund, but lessons from the late filing of its annual report could help you avoid heartache.
When Detroit filed Chapter 9 municipal bankruptcy with a debt of $18 to $20 billion, it was the largest municipal bankruptcy in US history, dwarfing its predecessor (an Alabama county with $3 billion ...
A bond default occurs when an issuer fails to pay interest or repay principal to the bondholders. Such a default can cause immediate liquidity problems for investors across the country. The recent ...
The iShares 20+ Year Treasury Bond ETF (TLT) provides investors with exposure to Treasury bonds with extended duration. As pointed out by the TLT ETF’s description (the emphases were added by me), it ...
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