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0.000163132137030963 0.000316476345840088 0.000489396411093004 0.000489396411093004 0.00179445350734094 0.00309951060358887 0.00489396411092981 0.00541598694942905
Stock impact report

Posh Real Estate Deals Boom in High-Flying Junk Muni-Bond Market [Yahoo! Finance]

Vanguard Total International Stock ETF (VXUS) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg How Americans Voted Their Way Into a Housing Crisis After a Record Hot Summer, Pressure Grows for A/C Mandates Chicago Halts Hiring as Deficit Tops $1 Billion Through 2025 UC Berkeley Gives Transfer Students a Purpose-Built Home on Campus For Tenants, AI-Powered Screening Can Be a New Barrier to Housing This year, state and local debt buyers have helped finance a vacation-home golf enclave in Florida, a resort near Zion National Park and a $4.2 billion redevelopment in Atlanta's downtown. The deals — all high-yield and sold exclusively to sophisticated investors — represent a niche corner of a market that typically raises money to build schools, roads and bridges. Some of these offerings have been oversubscribed and repriced tighter, helping to boost returns for junk-rated muni-bonds to a 7.2% gain this year, outpacing their investment-grade counterparts by more than 5 percentage points, according to data compiled by Bloomberg. The risky state a Show less Read more
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