Munis find strength to start holiday-shortened week
Despite the firmer tone Tuesday, May performance has put munis on track for their worst May since 1986.
Source: bondbuyer.com
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Do global investment funds have a stabilising effect on euro area government bond markets?
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.
Source: ecb.europa.eu
US money market funds see big inflows amid debt ceiling caution
One-Stop Business and Finance News
Source: biztoc.com
Munis weaker in the belly; short UST selloff on debt impasse
Refinitiv Lipper reported $847.068 million of outflows from municipal bond mutual funds, $420.675 million of which was high-yield.
Source: bondbuyer.com