U.S. muni market ignores rise in Treasury yields on stimulus – Reuters

U.S. muni market ignores rise in Treasury yields on stimulus – Reuters

CHICAGO, Jan. 13 (Reuters) – Expectations that more fiscal stimulus will be put in place as part of a Democrat-controlled White House and the US Congress further erode the historically close correlation between US Treasury yields and those of municipal bonds. Long-term market yields of $ 20 trillion in US government debt have skyrocketed to […]
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