Municipal Market Analytics, Inc.

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Newsmax.com

Investors Seeking Yield Weaken Muni-Bond Safeguards

“The only movement this year has been toward lighter covenants,” says Matt Fabian, a partner at Municipal Market Analytics. “Next year is geared for more of the same -- slowly tighter spreads, steadily strong demand.”

https://www.newsmax.com/finance/streettalk/muni-bond-safeguards-weakened-as-investors-scrounge-for-yield/2019/12/20/id/946854/