BlackRock: Your Three-Step Municipal Bond Workout
August 15, 2014 at 07:00 AM EDT
The municipal market has been on a tear this year. And I’ll be the first to admit — we didn’t necessarily expect it. In fact, few people anticipated interest rates would fall (and bond prices rise) as they have in the first seven months of the year. Munis also benefited from an imbalance in supply...