Muni Lowdown: Stimulus scenarios
from The Muni Lowdown
Debtwire Municipals reporter Chuck Stanley discusses the massive USD 2trn stimulus package passed by Congress last week with an emphasis on provisions that could affect the muni market. Debtwire reporter Caitlin Devitt looks back at the topsy-turvy week in municipal bond trading. Yields were down by record numbers last week after climbing by record numbers the week before. The recovery was due largely to the Federal Reserve’s moves to bolster the short end of the market by including munis in its liquidity programs. Yong Lim, the Debtwire Municipals desk editor, is the moderator of the podcast. The Muni Lowdown is a weekly podcast recapping the previous week's significant news developments in the municipal bond market. For comments or questions contact [email protected]
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