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Muni bond inflows on the rise
  + stars: | 2024-06-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMuni bond inflows on the riseDan Close, head of municipals at Nuveen, joins CNBC's 'The Exchange' to discuss outlooks for municipal bonds, how position in the current rate environment, and more.
Persons: Dan Close Locations: Nuveen
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNuveen's Dan Close on why the muni market is benefitting from the Fed's stance on ratesDan Close, head of municipals at Nuveen, joins CNBC's 'The Exchange' to break down how the muni market has reacted to the Fed's rate outlook, 'oppor(muni)ties' to buy, and more.
Persons: Dan, Dan Close Locations: Nuveen
Rents in March declined to their lowest level in over a year, according to data from Redfin. That's largely due to the excess supply of multifamily units that were built during the pandemic. "Rents ballooned during the pandemic, and are now returning to earth," said a Redfin real estate agent. The trend is backed by earlier data from Moody's, which found that rents this year for multifamily units have declined in 76% of housing markets. In the previous two years, rents surged because incomes grew and millennials started families, Redfin explained.
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