Muni-to-Treasury Yield Ratio May Stay Above 100%, Survey Says
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Benchmark 10-year municipal bond yields will probably be above interest rates on similar-maturity U.S. Treasuries at year-end, according to a Bloomberg Link survey.
Ten-year tax-exempt yields will probably be 105 percent to 109.9 percent of those on federal debt on Dec. 31, said 35 percent of 94 respondents in a survey conducted at the States and Municipal Finance conference hosted by Bloomberg Link in New York.