March 23, 2012
77
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1:35Now PlayingOct. 21 (Bloomberg) -- Municipal bonds are heading for their worst monthly performance in a year as state agencies plan to tap the debt markets. State and local government bonds have dropped almost 2 percent since Sept. 30, based on Merrill Lynch & Co.s Municipal Master Index, which lost a record 5.1 percent in September 2008. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
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