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Muni-Bond Market Headed For Longest Rout Since Trump's Election (sorry if this is repost
Muni-Bond Market Headed For Longest Rout Since Trump's Election
September 21, 2018 • Martin Z. Braun, Danielle Moran
U.S. state and local government bonds are headed for the fourth straight weekly loss as investors anticipate that the Federal Reserve will continue to raise interest rates, the market’s longest losing streak since President Donald Trump’s surprise victory in 2016.