Muni Market Experiences Worst July in Two Decades

The US municipal bond market recorded its weakest July since 2003, deviating from its usual strong summer performance due to rising Treasury yields and increased issuance.

31 Jul, 16:00 — 31 Jul, 16:00

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bloombergHigh28d ago

Muni Market Has Worst July Since 2003, Veering From Typical Summer Pattern

US state and local government debt is on track to notch its weakest July in more than two decades, as rising benchmark Treasury yields and a flood of new issuance take a toll on what usually is one of the strongest months for the $4 trillion market.

By Aashna Shah

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Muni Market Experiences Worst July in Two Decades

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Muni Market Has Worst July Since 2003, Veering From Typical Summer Pattern

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