Municipal Market Update - BlackRock
S&P Municipal Bond Index returned -0.68%, bringing the year-to-date total return to 0.98%. Shorter-duration and single A-rated bonds were top performers. Supply exceeded expectations at $44 billion, up 6% month-over-month and 21% above the 5-year average, bringing the year-to-date total to $340 billion. Apart from interest ................
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