Munis in Worst Month Since 2008 as States Plan to Borrow: Video
78 views · Published 23 March 2012 · 1:35 · Indexed 26 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Oct. 21 (Bloomberg) -- Municipal bonds are heading for their worst monthly performance in a year as state agencies plan to tap the debt markets. State and local government bonds have dropped almost 2 percent since Sept. 30, based on Merrill Lynch & Co.s Municipal Master Index, which lost a record 5.1 percent in September 2008. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
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