MUNICIPLE BOND DEFAULTS SOFTWARE

Federal Reserve (Fed) to hike rates 75 basis points, the largest increase it has made in a single meeting since 1994, yields are on the move to even more attractive levels. The May rally in tax-exempt munis may have been over-exuberant, as investors were not anticipating the Consumer Price Index (CPI) prints that came in early June. We are experiencing another pronounced sell-off in municipal bonds and the market remains far from certain. The MSRB accepts no responsibility for the accuracy of the reproduction of the Service or that Service is current.Franckreporter/iStock via Getty Images Municipal Market Positive in May The Service is reproduced by permission of the MSRB under a non-exclusive license. The MSRB, its officers, directors, employees, agents, consultants, and licensors make, and have made, no recommendations regarding any of the securities or other investment vehicles, referred to or described in the Service. The MSRB and its officers, directors, employees, agents, consultants, and licensors shall have no liability in tort, contract, or otherwise (and as permitted by law, product liability) to you or anyone else for any reason associated or in connection with, resulting from or arising out of your use of the Service.

MUNICIPLE BOND DEFAULTS SOFTWARE

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Municiple bond defaults