Reported about 15 hours ago
The municipal bond market is poised for its seventh consecutive November of gains, driven by strong investor demand despite muted issuance due to the US presidential elections. As demand exceeds supply by $12 billion this November, long-term muni bond performance has historically been strong in this month, averaging a 1.1% return over the past decade. The market dynamics suggest that municipal bonds will likely remain robust into December, continuing the trend of positive returns.
Source: YAHOO