Investors Expect Tepid Returns for High-Yield Munis After Stellar Year
(Bloomberg) -- Money managers don’t anticipate another banner year for high-yield municipals, one of the best-performing sectors of US debt in 2023.Most Read from BloombergHuawei Teardown Shows 5nm Chip Made in Taiwan, Not ChinaBusiness Insider Says Ackman’s Wife Plagiarized in Her ThesisTroubled China Shadow Bank Zhongzhi Files for BankruptcyIslamic State Claims Responsibility for Deadly Iran BlastsJust a Billion Doesn’t Cut It on This Exclusive Florida IslandJunk muni bonds posted a 9.2% advan