0839 GMT - Municipal bonds offer attractive relative value, says Morgan Stanley Investment Management in a note. Following April's selloff, yields in the municipal bond market are well above one standard deviation wide compared to the index's five-year average, it says. "From a relative value perspective, muni-to-Treasury ratios look increasingly attractive, rising to over 90% on some parts of the curve," it says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
May 07, 2025 04:39 ET (08:39 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.