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April 25, 2019

Steady and strong demand for municipals in 2018 has continued into 2019.

In 2018, municipals saw steady and strong demand across all maturities and sectors despite the heightened volatility in the taxable markets.  Even as yields moved higher, the supply/demand imbalance in the municipal market provided enough support for investment grade municipals to post positive returns for the year. In 2019, we have continued to see a...
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