Munis
Curious if anyone knows how municipal bonds are doing these days? What kind of reputation do they have in the fixed income world?
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do you mean how are muni bonds doing/trading in the market or how are muni bond departments doing?
there's a good market for muni derivatives given the structural inefficiencies of the muni yield curve, which offers arbitrage opportunities.
Muni bonds are relatively safe given the current market volatility because they have little or no exposure to subprime mortgages.
Ipsum maxime consequatur expedita sint incidunt natus. Maxime eum nihil qui delectus.
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