Investors hunt for bargains in $4tn US muni bond market

Investors hunt for bargains in $4tn US muni bond market

Bargain hunters are circling the $4tn US municipal bond market after a selling frenzy pushed the prices of some issues to record lows and prompted emergency intervention from the US Federal Reserve. As the coronavirus crisis has spread fear through markets, investors have dumped all manner of assets in a desperate grab for cash. Typical […]