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Muni Managers Tout Equity-Like Returns After Historic Selloff
Source: Bloomberg
Credit & Bond MarketsInterest Rates & YieldsInvestor Sentiment & Positioning
Municipal-bond asset managers are identifying buying opportunities following this month’s market rout, as lower valuations and the highest yields in years improve the sector’s appeal. The selloff is drawing investor interest into tax-exempt fixed income, although the article provides no specific yield or fund-flow figures.
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