KM Financial Solutions | Fed backstop for U.S. muni market may ease some rate pressures
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Fed backstop for U.S. muni market may ease some rate pressures

Fed backstop for U.S. muni market may ease some rate pressures

The battered U.S. municipal
bond market could get a limited boost from the Federal Reserve’s
announcement it was expanding its money market support program
to include short-term muni debt as collateral, analysts said on
Friday.

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