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U.S. muni bond yields fall for fourth straight session
December 5, 2017 / 8:40 PM / 7 days ago

U.S. muni bond yields fall for fourth straight session

Dec 5 (Reuters) - U.S. municipal bond prices rose for a fourth-straight session on Tuesday, dropping yields as much as 8 basis points on Municipal Market Data’s benchmark scale.

The yield on top-rated bonds due in 10 years fell 6 basis points to 1.99 percent and the 30-year yield tumbled 8 basis points to 2.58 percent, according to MMD, a unit of Thomson Reuters. (Reporting By Karen Pierog; Editing by Steve Orlofsky)

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