Nasdaq posts a Kiplinger column on “one of the best-performing and most secure municipal bond sectors: toll-road revenue debt.” The report adds, “Even before this year’s acceleration in miles driven, public toll authority revenue was already demonstrating steady growth. State and regional highway agencies publish periodic financial reports, to little fanfare. If these agencies were publicly traded companies, I’d wager that their stocks would be sizzling alongside those of utilities and real estate investment trusts.”
