Macro Finance
Munis See Worst Monthly Returns Since Lehman Collapse
Bloomberg Markets·October 1, 2026·1 min read
US municipal bonds posted their worst monthly returns in nearly two decades, according to a report, as inflation concerns fueled by the US-Iran conflict and fears of interest-rate hikes triggered a widespread bond selloff. State and local government debt suffered significant losses, reflecting investor anxiety over rising rates and geopolitical tensions.
Read at Bloomberg MarketsDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.