Munis Are Near Cheapest Levels in a Year

Bloomberg's Aashna Shah joins Scarlet Fu on "Bloomberg Real Yield." US state and local government bonds are near their cheapest levels relative to Treasuries in a year as heavy issuance and fading demand collide with a broader fixed-income selloff. (Source: Bloomberg)

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.