Municipal buyers demand more concession on airport and hospital deals
The muni bid is still there. It is no longer indiscriminate.
Elena VasquezSenior Markets Correspondent
Financial candlestick chart on a trading screen
Issuers in two large airport systems and a nonprofit hospital system paid wider concessions after crossover accounts stepped back from long duration.
Elena Vasquez
Senior Markets Correspondent
Covers Treasuries, the dollar, and the policy signals that reprice risk assets.