Muni yields rise further while UST curve inverts
With massive secondary selling pressure and a larger calendar, credit spreads are likely to continue to widen.
Source: bondbuyer.com
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Munis end rough week with yields rising double digits on short end
Next week's potential volume is slated to be more than $8 billion, led by $1.25 billion of taxable and tax-exempt future tax-secured subordinate bonds from the New York City Transitional Finance Authority.
Source: bondbuyer.com