The Conditional Distribution of Bond Yields Implied by ...
Municipal bonds rallied last week, taking prices higher and yields lower. The AAA curve saw yields fall by 9-12 basis points across the board. Municipal bond funds had their first week of inflows since February, as $833 billion was put into tax-exempt funds for the week ended April 15, according to data from Refintiv Lipper. Muni-Treasury ratios ................
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