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Home>Thornburg Municipal Bonds 2nd Quarter 2011 Market Commentary

Thornburg Municipal Bonds 2nd Quarter 2011 Market Commentary

Perspectives Content Submission

Mon, 18 Jul 2011

The second quarter of 2011 was very rewarding for municipal bond investors. The Financial Times reported, “Muni bonds gained 4.45% in the last three months, the largest return since 8.07% in the third quarter of 2009, a Bank of America Merrill Lynch index showed.”This wiped out almost all the 4th q
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