Takeaways by Bloomberg AI
- The long end of the municipal debt market has bounced back from a difficult start to 2025 as investors expect rate cuts from the Federal Reserve.
- Long-dated state and local government bonds have risen nearly 4% since the beginning of September, putting them on track for the best month since November 2023.
- Investors are taking note of the relative value in the long end of the market, with $1.4 billion of inflows into long-term municipal bond funds for the week ending Sept. 10.
Bloomberg Markets
By Elizabeth Rembert and Amanda Albright
September 15, 2025