(Bloomberg) — The municipal-bond market’s lagging run is opening up an opportunity for corporate-debt investors eager to secure extra yield.
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Junk state and local government bonds have underperformed high-yield corporate debt during the selloff that raced through fixed-income markets over the past several months, pushing their yields up by more.
That’s created a gap between debt that United Airlines has sold in the corporate and municipal markets: its muni…
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Comprehensive Summarization: Wizz Air, a low-cost carrier, is set to launch a new seasonal route between Bucharest and Dubrovnik, starting...
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