High-Grade Munis Now a Gift in Bond Rout: Kotok

David Kotok, chairman and chief investment officer at Cumberland Advisors, and Bloomberg's Michael McKee examine higher bond yields and the impact of infrastructure spending on municipal bonds. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)

Modi on Road to Nowhere in Key State: BloombergQuint
24:53 - In the 2014 general election, Indian Prime Minister Narendra Modi swept Uttar Pradesh, a politically important state of 200 million people, by promising development. But for farmers who voted Modi's Bharatiya Janata Party into national office, it's the state’s chief minister Akhilesh Yadav and his ruling Samajwadi Party that’s delivered. Bloomberg's Iain Marlow reports. (Source: BloombergQuint) (Source: Bloomberg)
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