Vanguard’s Malloy Says Muni Yields Bolster Second-Half Outlook

Attractive yields and strong credit fundamentals are setting the municipal bond market up for a solid second half of the year, said Paul Malloy, the head of municipals at The...

By Martin Z Braun · Bloomberg Markets

Attractive yields and strong credit fundamentals are setting the municipal bond market up for a solid second half of the year, said Paul Malloy, the head of municipals at The Vanguard Group Inc.