Top of the Morning: Muni Market - 2H25 Outlook: The better half
UBS On-Air: Market Moves
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Intro
This chapter provides an analysis of the municipal bond market's performance in the first half of the year, highlighting significant trends in maturity, coupon rates, and ratings. It underscores the advantages of shorter duration and higher coupon bonds, contrasting their success with the struggles of longer duration and lower-rated bonds.
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