California taxable 30-year Build America Bonds paying 7.55 percent traded at about 93 cents on the dollar today to yield 8.18 percent, down from 94.7 cents and 8.02 percent yesterday, according to Municipal Securities Rulemaking Board trade data.
Not quite the yield of high yield corporate junk bonds. Yet. And that 8.18 % is Federal and California tax free.
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