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George Hohmann: Bond demand vanishes
CHARLESTON, W.Va. -- Businesses and investors typically covet federal tax-exempt bonds. Businesses can potentially save millions of dollars because tax-exempt bonds generally carry a lower interest rate than taxable issues. Investors don't have to pay federal tax on the interest they receive.
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George Hohmann: Bond demand vanishes
CHARLESTON, W.Va. -- Businesses and investors typically covet federal tax-exempt bonds. Businesses can potentially save millions of dollars because tax-exempt bonds generally carry a lower interest rate than taxable issues. Investors don't have to pay federal tax on the interest they receive.
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