Municipal bonds: Issued by states and municipalities. When it comes to threat and reward, these are generally somewhere in between company bonds and Treasuries. Since the outcome is unsure, there is minimal to tell apart between the two routines. Nevertheless, some generalities do implement when attempting to categorize these pursuits: https://gurgaonproject.business.blog/2025/05/29/explore-elevated-living-with-prime-sector-65-gurgaon/