Muni Market Experiences Worst July in Two Decades

The US municipal bond market recorded its weakest July since 2003, deviating from its usual strong summer performance due to rising Treasury yields and increased issuance.

31 Jul, 16:00 — 31 Jul, 16:00

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh28d ago

Muni Market Has Worst July Since 2003, Veering From Typical Summer Pattern

US state and local government debt is on track to notch its weakest July in more than two decades, as rising benchmark Treasury yields and a flood of new issuance take a toll on what usually is one of the strongest months for the $4 trillion market.

By Aashna Shah

Read full article →

PERSPECTA

PERSPECTA

Muni Market Experiences Worst July in Two Decades

Sources

Muni Market Has Worst July Since 2003, Veering From Typical Summer Pattern

Related Stories

Fed Chair Warsh Warns of Rate Hikes if U.S. Inflation Persists at Jackson Hole

Trump Administration Proposes Plan for Farmers to Process Their Own Meat

Rubrik Shares Fall After Disappointing Second-Quarter Earnings and Weak Guidance

Marvell Shares Drop Despite Strong Earnings and Data Center Growth Forecast

PERSPECTA