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BUSINESSBloomberg Markets·7h ago

Munis Snap Selloff in Biggest Rally in More Than a Year

BUSINESSBEATPOST
AI TLDR · GEMINI

State and local debt prices experienced their largest gain in nearly six months on Wednesday, ending a two-week selloff.

State and local debt prices rallied across the curve with ten-year municipal bonds posting their biggest gain in more than a year after a nearly two-week selloff.

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