Municipal bonds are on track to snap a three-month losing streak as investors continue to pour cash into tax-exempt debt and as yields have stabilized after reaching their highest levels of 2021.
State and local government debt has returned 0.67% month to date, beating a 0.55% gain in Treasuries and the 0.2% decline in U.S. corporate debt, Bloomberg index data show.
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November 30, 2021 at 01:44AM
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Municipal Bonds on Track to Break Three-Month Losing Streak - Bloomberg
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