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Nov 14, 2023
Today, a broad structural shift is underway with private markets becoming larger, more diverse, and more available to companies and investors than ever before.
Since 2018, state and local-government debt has gained in November.
For all the pain in the bond market — and some traders are betting there’s more to come — the notes look a lot more attractive to long-term buyers once Treasury yields are running at 5%-or-higher.