Muni bond drubbing no surprise, advisers say
Some advisers aren't surprised to see the municipal bond market getting clobbered
Some advisers aren't surprised to see the municipal bond market getting clobbered.
The rout in municipals “was not unexpected,” said Kenneth Naehu, managing director of fixed income at Bel Air Investment Advisors LLC, which manages more than $6 billion. “It was just a matte
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