Munis see worst monthly returns since Lehman on inflation and rate fears
US municipal bonds posted their worst monthly returns in nearly two decades after inflation concerns fueled by the US-Iran conflict and fears of interest-rate hikes triggered a widespread bond selloff.
Original · Bloomberg AI summary of public reporting
Why: Inflation and rate-hike fears → bond selloff
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Prices since publication
At publication → Currentpara:10Y— → ——
para:30Y— → ——
TLT— → 77.96—