Tag: municipal debt
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Stock investors overconfident about rate cuts this year. Muni bonds may be better buy: Nuveen
[ad_1] Municipal bonds may perform better than stocks, if the Federal Reserve decides to keep its key interest rate steady but elevated for the rest of year, defying expectations for rate cuts, according to asset-management company Nuveen. Stock investors may have overestimated the chances for the Federal Reserve to start cutting interest rates by year-end,…