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The Municipal-Bond Market Is Now Controlled By Just A Few Firms

TedTed
in The Bullpen
FYI: Concentration benefits firms like Nuveen and Vanguard, as well as some investors, but critics see risks if the market cools.
Regards,
Ted
https://www.wsj.com/articles/the-municipal-bond-market-is-now-controlled-by-just-a-few-firms-11563960602
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