Historical Cumulative Default Rates of MuniBonds plus Artificial Intelligence in MuniLand



Informative read written by Barnet Sherman about AI and MuniBond credit analysis.
Ask us why A-Rated #MuniBond over AAA-rated Bonds. 
 
 
 
The Moody’s US Municipal Bond Defaults and Recoveries, 1970-2022 report notes (page 9) that during that time, over any average five-year period, the cumulative default rate of the highest-grade general government municipal bond issuers—those rated Aa or Aaa on the Moody’s rating scale—was 0.01%.
Go out over a 10-year period and the rate is 0.02%. Now stay 10 years out and go down one rating grade to include bond issues rated single-A. The aggregate cumulative default rate was a barely perceptible 0.07%.
 
https://www.forbes.com/sites/investor/2024/09/17/ai-and-the-municipal-bond-market-is-credit-still-relevant-discuss/
 
#Munis #WatkinsonMunicipalBonds #WatkinsonMuniBonds #GetRealStayRich #TBillandChill #TBillnChill #MunicipalBondSMA 


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