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Muni Market Looks to Next Year for an Infrastructure Bill and Bigger Returns

johnNjohnN
in The OT Bullpen
https://www.bloomberg.com/news/articles/2018-12-20/muni-market-looks-to-2019-for-infrastructure-bill-bigger-return


By Michelle Kaske
December 20, 2018, 11:00 AM CST

Banks are expected to continue decreasing municipal holdings
States and cities want Congress to return advance refundings


BLK
BLACKROCK INC
361.77
USD
-7.39-2.00%
AB
ALLIANCEBERNSTEI
23.68
USD
-0.61-2.51%
BARC
BARCLAYS PLC
146.36
GBp
-2.64-1.77%
C
CITIGROUP INC
49.26
USD
-0.98-1.95%

The $3.8 trillion municipal-bond market is preparing to close out 2018 with lackluster gains as it looks to next year for better returns and a bi-partisan infrastructure bill from Washington to help boost spending on roads, schools and bridges.
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