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Municipal bond yields widen versus corporate levels
MarketWatch reports that tax-equivalent comparisons show municipal yields have widened sharply against corporate bonds over the past two months.
Municipal bond yields, when adjusted for taxable-equivalent comparisons, have widened dramatically versus corporate bond yields over the past two months, according to MarketWatch.
The outlet says the recent gap has left tax-free municipal bond yields in a comparatively attractive range relative to corporate debt on that basis.
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