I was looking at my broker's site and I noticed that some 30 year bonds are paying 5 something and the muni's a bit higher. I want to RE. Good strategy to put your money in these long term bonds? Looks like your risk would be bankruptcy and if rates were high and you wanted to get out. Also, I would do non-callable bonds. Also, I wouldn't do this today but in a few years as I feel rates will rise shortly. Also, say you had 1M. What increments would your break it into to spread your risk (10K, 20K)? Thanks