Indexology®: Municipal bond market – Readily absorbs a bump up in new issue supply
June 23, 2014 at 06:30 AM EDT
The S&P Municipal Bond Index has returned 5.74% year to date as yields have remained relatively stable as the market absorbs new issue supply. High yield municipal bonds tracked in the S&P Municipal Bond High Yield Index have continued to outperform their corporate junk bond counterparts by...