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Talk Your Book: Investing in High Yield Munis

Animal Spirits Podcast

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Navigating Liquidity Challenges in High-Yield Munis

This chapter examines the intricacies of liquidity risk within the municipal bond market, focusing on high-yield municipal bonds. It highlights the engineered nature of liquidity in bond trading and discusses innovative solutions, such as Interval Funds, to tackle the liquidity challenges faced by investors.

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