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Muni Bonds' September '08 Struggle | On This Day
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September 26, 2024
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September 26, 2024
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2:16Now PlayingLet's look back to this day in history 2008, where I'm going to tell you how the municipal bond market got flip turned upside down as bond insurers teetered, retail bond buyers balked. And the backstop, a bank dealers threw in the towel with no good in the neighborhood. It was on this day when we saw municipal yields from New York to Chicago to Hawaii surged to record highs.
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