Muni Fortnightly – June 10, 2019


Summary

Treasury yields add to the previous week’s massive gains as labor data was worse than even the most pessimistic estimate.

Muni ratios cheapen – 2-yr. AAA GO Ratio is highest in over one year.

State government medians stable, according to Moody’s.

First halfmunis outperform Treasuries in first half of 2019.





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