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Muni bonds extend biggest rally since 2008 on stimulus deal

Danielle Moran  |  March 25, 2020

By Danielle Moran, includes “Municipal-bond prices rose in early trading, extending the biggest one-day rally in more than eleven years, as Congress and the White House struck a deal on a more than $2 trillion stimulus package to soften the impact of the economic slowdown triggered by the coronavirus. The gains were steepest for the shortest-dated securities, which were hardest hit by the steep sell-off this month …”

Read the full article on: Bloomberg

 
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