Municipal Bond Yields Soar to Highest Since 2011 in Rout
Municipal bond yields jumped as much as 15 basis points with the longest-dated securities reaching the highest since 2011, as rising Treasury rates and heavy new issuance pressure the market.
<p>Municipal bond yields jumped as much as 15 basis points with the longest-dated securities reaching the highest since 2011, as rising Treasury rates and heavy new issuance pressure the market.</p>