Expensive Muni Prices Threaten Buyer Shift to Treasuries
(Bloomberg) -- Municipal bonds have gotten so rich that investors may be better off buying US Treasuries. Most Read from BloombergThe Pizza That’s Taking Over the USSpaceX Falcon Heavy Rocket Deploys Massive SatelliteChina’s Push to Expand BRICS Membership FaltersBodegas Put on Notice as Visa Fights Back on Card SurchargesTraders Are Risking It All on Bets That Market Boom Will LastThe 10-year municipal benchmark offers just 62% of the yield on similarly-dated Treasuries, well below the historic
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