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October 17, 2016

Has the municipal-bond bull left the ring?

  • With global interest rates still extremely low and the credit quality of munis generally stable, most experts view the recent dip as a pullback, not the start of a bear market.
    • By CYBELE WEISSER
    For The Associated Press

    NEW YORK — The great bull run for the municipal-bond market may be running out of juice.

    For the past year, bonds issued by state and local governments have been red-hot investments. Muni-bond mutual funds have had 53 straight weeks of inflows, according to the Investment Company Institute.


     
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