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The New Tax Law Is Making Waves In Municipal Bonds

TedTed
in The Bullpen
FYI: Most tax-exempt municipal bonds have become pricey this tax season. But the opposite has happened in the market for short-term municipal debt.

That market’s weekly benchmark interest rate rose by the most since the financial crisis last week, as investors pulled cash from muni money-market funds to pay their tax bills.
Regards,
Ted
https://www.barrons.com/articles/tax-season-reform-municipal-bonds-51555692536?mod=djem_b_Weekly barrons_daily_newsletter
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