If the income tax exemption on U.S. municipal bonds were abolished, what would happen to the interest

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If the income tax exemption on U.S. municipal bonds were abolished, what would happen to the interest rates on these bonds? What effect would the change have on interest rates on U.S. Treasury securities?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 11:59 AM

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If the income tax exemption on municipal bonds were abolished, what would happen to the interest rates on these bonds? What effect would the change have on interest rates on U.S. Treasury securities?
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If the income tax exemption on U.S. municipal bonds were abolished, what would happen to the interest

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The Economics of Money Banking and Financial Markets

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