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With one full week of June left and the end of the second quarter approaching, the week was "a sort of Groundhog Day for ...
The Kiplinger Building Wealth program handpicks financial advisers ... The reasons are technical in nature: Those headwinds have left munis relatively cheap compared to other fixed-income asset ...
Taxable munis are outperforming tax-exempts ... The Fed's solution — setting up the Bank Term Funding Program, or BTFP — "provided a boost to the general economy and the financial market ...
Munis often rise in the months following Fed rate cuts, suggesting there is still time to get in on this play. The fund's California exposure bothers me less given how strong equity returns have ...
Concern that munis might lose their crucial tax-exempt status as part of the budget process has been an unpleasant backdrop all year for investors.
Ten-year AAA munis were yielding 3.09% Friday, down from 3.21% Wednesday. Prices on New York City sewer bonds edged upward Friday and Monday. The S&P muni bond index rose almost 1%.
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