Stimulus, Inflows Drive Muni Outperformance: BAM Weekly Update, 3/12/21
Channel: Build America Mutual (BAM)
Date: 2021-03-12

Municipals posted strong outperformance vs. Treasury bonds this week, boosted by unexpected cash inflows from municipal fund investors and an improving credit outlook due to Federal stimulus dollars. BAM insured almost $200 million of new issues.

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