4Q 2019 Review: Total Return Tax-Free Municipal Bond
Sign up for our Market CommentaryAuthor: John R. Mousseau, CFA, Post Date: January 3, 2020

The municipal bond market saw interest rates back up very slightly in sympathy with the Treasury market during the fourth quarter of 2019. Ten- and thirty-year AAA tax-free yields started the quarter at 1.42% and 2.01% respectively. As the curtain dropped on 2019 they closed at 1.44% and 2.09%. However the ratio to Treasury yields […]