Primary market sees strong demand at expense of secondary
06/04/2020
After an impressive rally in May, municipal participants have hit a pause button, particularly as U.S. Treasury yields rise...Municipal investors and advisors are grappling with changing credit and pricing risk that could continue to impact the municipal market in the coming months, according to Paul Daley, managing director and head of the information lab at market data and analytics provider BondWave. open website
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