Munis sell off, 30-year approaches 4%
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.
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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.
November was a strong month for hedge funds, as it was the best since January. The HFRI Fund Weighted Composite Index was up 2.2% in the month.
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Hedge funds in aggregate were down -2.42% on the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge, a division of Backstop Solutions.
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