Macro Finance
Municipal Bond Rally Sends Yields Down the Most Since April 2025
Bloomberg Markets·October 15, 2026·1 min read
State and local debt prices rallied across the curve on Thursday, with 10-year municipal bonds surging the most since last April, in line with a similar move in the US Treasury market. The sharp yield decline signals strong demand for tax-exempt debt amid broader bond market gains, as investors seek safety in higher-quality fixed income.
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