Muni yields rose up to 13 basis points Wednesday, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds.
Munis sold off last week "as the anticipated market correction may have finally started ahead of the summer reinvestment period," said Jason Wong, vice president of municipals at AmeriVet Securities.
Raw yields, relative value should entice investors bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Healey-Driscoll Administration extends State Financial Aid Priority deadline to July 1 – East Boston Times-Free Press eastietimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastietimes.com Daily Mail and Mail on Sunday newspapers.
The Biden-Harris Administration made significant updates to the Free Application for Federal Student Aid (FAFSA) that are estimated to make more than 600,000 additional students eligible for Federal Pell Grants, while also helping 1.5 million more students receive the maximum Pell Grant. The federal government is calling on states to support students in completing this year’s […]