A historic rout in the bond sector this calendar year has resulted in the optimum yields on municipal bonds in 15 years—and what seems to be like an exceptional shopping for option.
At midweek, the muni current market, as measured by the Bloomberg Municipal Bond Index, was down 13%, its worst showing in at the very least 40 years, as the generate has jumped to 4.2% from 1.1%. Long-expression bond mutual cash have completed even worse, off about 15%.
A historic rout in the bond sector this calendar year has resulted in the optimum yields on municipal bonds in 15 years—and what seems to be like an exceptional shopping for option.
At midweek, the muni current market, as measured by the Bloomberg Municipal Bond Index, was down 13%, its worst showing in at the very least 40 years, as the generate has jumped to 4.2% from 1.1%. Long-expression bond mutual cash have completed even worse, off about 15%.
