Why are interest rates on U.S. Treasury bonds usually higher than on municipal bonds? and NYC, 40 Bond, Ceiling Panels Before Despatch

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


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Answer by xeerdchess
Unlike T-bonds, municiapl bonds are usually tax-emxempt

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NYC, 40 Bond, Ceiling Panels Before Despatch


Image by Detlef Schobert
Panels of ceiling, reverse. Stainless steel, mirror surface, perforated according to pattern and adapted to airing requirements. Shortly before despatch to the US.

Building: New York City, 40 Bond Street, Completion 2007.
Owner: Ian Schrager.
Design architects: Herzog & de Meuron.

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