Municipal bonds see losses in May bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Muni yields rose up to 13 basis points Wednesday, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds.
Munis sold off last week "as the anticipated market correction may have finally started ahead of the summer reinvestment period," said Jason Wong, vice president of municipals at AmeriVet Securities.
FBISD graduation traffic: District and Rosenberg Police Department urge graduates to arrive early on jam-packed day of ceremonies abc13.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc13.com Daily Mail and Mail on Sunday newspapers.