Bond Buyer Municipal Bond Index.

债券买主地方公债指数。

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Lately corporate and municipal bonds have rallied, with Merrill Lynch's junk-bond index gaining more than 6% in December, the strongest monthly increase since 1991.

最近，企业和市政债券价格有所反弹，去年12月美林证券公司的垃圾债券指数上涨超过6 %，是1991年以来最强烈的月度上涨。

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Over the last 10 years, the Barclays Municipal Bond Index posted positive total returns 9 times.

FORBES: Muni Bond Manager's Journal: Seasonal Affective Disorder

Consider that the Barclays Municipal Bond Index (the most popular industry benchmark) is comprised of predominantly longer-maturity, higher-grade debt.

FORBES: Move up http://i.forbesimg.com t Move down

For the Barclays 10-year Municipal Bond Index, the results were similar: total return for the period was 6.133%, with 1.346% coming from price and 4.795% from coupons.

FORBES: Muni Bond Manager's Journal: Coupon Power Compounded