Munis Rally Most in Nearly Six Months, Snapping Selloff

🇺🇸 Bloomberg (US) —

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State and local government bond prices rallied on Wednesday, recording their largest gain in nearly six months. The advance interrupted a selloff that had lasted almost two weeks.

State and local debt prices headed for the biggest gain in almost six months on Wednesday after a nearly two-week selloff.

Markets municipal bonds munis bond rally debt prices selloff fixed income

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