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Bloomberg: Muni Market Letdown as Bond Proposals Cut From Biden Plan

10/29/2021

"Tom Kozlik, head of municipal strategy and credit at Hilltop Securities in Dallas, Texas, said in an email that he wasn’t too surprised that the muni provisions were dropped, 'when so many priorities like community college and paid leave were being abandoned. I thought there was a very slight chance the direct pay infrastructure program could at least be included,' he said, referring to the new version of Build America Bonds."

 

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