Why buying NYC bonds could pay off -- even if Zohran Mamdani becomes...

By New York Post   |   2 weeks ago
Why buying NYC bonds could pay off  --  even if Zohran Mamdani becomes...

A potential socialist mayor in NYC raises concerns for municipal bond holders. Despite potential risks, NYC bonds offer tax advantages and security through state-mandated liens on tax revenues. Mamdani's spending plans may impact prices, but holding bonds to maturity remains a sound strategy.

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