It's true that they're typically more correlated to stocks than treasuries, especially during times of market stress. But that doesn't mean they can't be used in that fashion. Just that they're not quite as good at that job as treasuries.https://www.morningstar.com/portfolios/ ... ource=link
According to Christine Benz’s article, treasuries offer a better diversification benefit than municipals over more time periods hence wanting to use treasuries to rebalance.
It's all trade-offs; if tax implications make Munis a far better option in taxable for you, then that's the right choice. If it's close, then maybe you've got a hard decision, but then again it's unlikely to be a particularly important decision in the big picture.
Statistics: Posted by brightlightstonight — Mon Sep 02, 2024 9:02 pm — Replies 15 — Views 662
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