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U.S. Municipal Bond Fund Market Struggles To Find Footing

TedTed
in The Bullpen
FYI: The typically steady-as-she-goes U.S. municipal bond market is beginning to tread on shaky ground, with continuous mutual fund outflows, weaker prices and rising supply in recent weeks.

That, coupled with an expected bump in year-end tax-loss selling, has made participants cautious in the roughly $3.85 trillion market where states, cities, schools and other issuers sell debt.
Regards,
Ted
https://www.reuters.com/article/usa-municipals-market/u-s-municipal-bond-market-struggles-to-find-footing-idUSL2N1XC2EI
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