120 days ago • Posted by William Ramstein

Municipal bond prices surge with Democrats holding the senate.

Biden's $1.9 trillion stimulus plan included a $350 billion for state and local governments. Investors have directed $2.5 billion into funds that invest in muni debt the biggest inflow of the decade. This also means prices on lower rated state and local government debt has rallied. Source: FT 

#Bonds
MUNICIPAL BONDS SHOOT UP
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