Municipal bonds thrive despite states’ deep economic woes
Although state and local governments across the country face staggering budget deficits, their struggles are having little effect on municipal-bond prices.
Although state and local governments across the country face staggering budget deficits, their struggles are having little effect on municipal-bond prices.
“Since the [second] quarter began, prices are definitely higher,” said Matt Fabian, managing director at Municipal Market Adviso
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