Seller's market seen aiding Illinois and Chicago bond issues

Seller's market seen aiding Illinois and Chicago bond issues

Seller's market seen aiding Illinois and Chicago bond issues

By / Investing / Tuesday, 26 March 2019 02:46

Financial uncertainties swirling around Illinois and Chicago may not deter bond buyers when the two fiscally shaky governments sell more than $1.1 billion of debt this week.

Slim supply in the $3.8 trillion U.S. municipal market, yield-hungry investors, and the shelving of interest rate hikes by the Federal Reserve for the remainder of 2019 have tipped the scale in favor of sellers, investment managers said.

 

Read more at Investing.

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NexPro Media Staff

NexPro Media Staff

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