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The municipal bond market shrank, retail continues to access it, and broker-dealer holdings have grown, the latest Federal Reserve data show. Fed data show the outstanding universe of munis shrinking in the third quarter in terms of both par basis and market value, said Matt Fabian, a partner at Municipal Market Analytics. The value of
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Moscow said a Ukrainian air strike hit army barracks in the Russian-occupied town of Makiivka in eastern Ukraine, killing at least 63, as it continued to target Kyiv with drones. Four high-explosive warheads struck the Makiivka temporary deployment base, while two were shot down by Russian air defences, Russia’s defence ministry said in a statement
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close video US seeing major home prices corrections Macro Trends Advisors founding partner Mitch Roschelle argues it’s a ‘buyer’s market’ as the U.S. sees major correction in home prices. The U.S. housing market is experiencing its second-biggest home price correction of the post-World War II era. Macro Trends Advisors founding partner Mitch Roschelle attributed the
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