Politics
Munis Are Near Cheapest Levels in a Year
Key Points
Bloomberg's Aashna Shah joins Scarlet Fu on "Bloomberg Real Yield." US state and local government bonds are near their cheapest levels relative to Treasuries in a year as heavy issuance and fading demand collide with a broader fixed-income selloff.
Bloomberg's Aashna Shah joins Scarlet Fu on "Bloomberg Real Yield." US state and local government bonds are near their cheapest levels relative to Treasuries in a year as heavy issuance and fading demand collide with a broader fixed-income selloff.
(Source: Bloomberg)