When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
MUE - Q2 2019 Review: Total Return Taxfree Municipal Bond: The Big Squeeze
Blackrock MuniHoldings Quality Fund II Inc.
By John R. Mousseau, CFA
The muni bond market has been on a tear so far this year. Not only have yields dropped, but they have dropped relative to US Treasuries across the board.
The chart below shows where we are now and where we were at the start of the year.
The big squeeze has been caused by the twin tentacles of increased demand and decreased supply.
We know that the demand has been fueled by the provisions of the 2017 tax bill. The new tax code's removal of the state income tax and