Why are interest rates on U.S. Treasury bonds usually higher than on municipal bonds?
considering when U.S. Treasury bonds are default-free and municipal bonds have some default risk
Bond best answer:
Answer by xeerdchess
Unlike T-bonds, municiapl bonds are usually tax-emxempt
Bond
NYC, 40 Bond, Gate, Draft Design
Image by Detlef Schobert
Gate, draft design, status summer 2005.
Expanded polystyrene, milled, size 2 x 3 m.
Exhibited in London (2005), Basel (2005), Munich (2006).
The Gate is made up of four basic modules which are fitted seamlessly together in varying combinations; the design was developed in 2005; progress was checked from time to time with expanded polystyrene moulds
Building: New York City, 40 Bond Street.
Completion: 2007.
Owner: Ian Schrager.
Design architects: Herzog & de Meuron.
Orignal From: Why are interest rates on U.S. Treasury bonds usually higher than on municipal bonds? and NYC, 40 Bond, Gate, Draft Design
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