What Happened to the Muni Meltdown?
May 20, 2014 at 09:18 AM EDT
The last few weeks have seen a very decent drop in intermediate- and longer-term tax-free bond yields. This year’s stable muni market is very different from that of a year ago, when the great meltdown ensued from bond fund selling fomented by fears of Federal Reserve tapering of quantitative easing. The charts below, comparing long […] View the full post at: What Happened to the Muni Meltdown? Related posts: Is it Time to Exit Munis? Greek Authorities Ban Hedge Funds From Buying Any of Their New Bonds Market: Still Stumbling