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home / news releases / CMU - High Yield Municipal Bonds Hold Strong Despite Defaults

CMU - High Yield Municipal Bonds Hold Strong Despite Defaults

MFS Municipal Income Trust
  • The high yield municipal market’s resiliency passed its latest test in the COVID-19 pandemic.
  • Most municipal borrowers began to feel a financial impact from the Coronavirus by the second and third quarters of 2020.
  • The concentration of defaults in one sector affirms our belief in the strength of high yield municipal bonds overall.

For further details see:

High Yield Municipal Bonds Hold Strong Despite Defaults
Stock Information
Company Name: MFS Municipal Income Trust
Stock Symbol: CMU
Market: NYSE
Website: mfs.com
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