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Market Impact: 0.15
MIY Crosses Below Key Moving Average Level
Source: Nasdaq
Market Technicals & FlowsCredit & Bond Markets
BlackRock MuniYield Michigan Quality Fund (MIY) fell below its 200-day moving average of $12.12 on Tuesday, trading as low as $12.05 per share. The fund was down approximately 1% on the day, signaling a modestly negative technical development for the municipal-bond closed-end fund.
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Overall Sentiment
mildly negative
Sentiment Score
-0.18
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