Munis Join Treasury Rally After Bessent Chosen for Trump Cabinet
- Posted on November 25, 2024
- By Bing News
- 1 Views
Munis Join Treasury Rally After Bessent Chosen for Trump Cabinet
Municipal bonds jumped on Monday, following gains in the US Treasury market after Scott Bessent was named as President-elect Donald Trump’s nominee for Treasury secretary, with traders betting the hedge fund manager will bring a Wall Street mindset to the role.
