Munis outpace Treasuries, taxable bonds
The recovery in the municipal bond market continued in the third quarter as munis outpaced U.S. Treasuries and the broader taxable bond market.
The recovery in the municipal bond market continued in the third quarter as munis outpaced U.S. Treasuries and the broader taxable bond market.
The global economic outlook has deteriorated because of the coronavirus pandemic amid rising supply and demand disruptions.
The Fed made a proactive move to reduce the federal funds rate by 50 basis points.
The spread of coronavirus infections is having an impact on China’s GDP and on financial market sentiment worldwide.
The coronavirus poses a risk to China’s growth as the government races to contain the outbreak, and the global economy could suffer.