Franklin SELL

Weekly municipal monitor rich ratios 2026 07 28

Jul 30, 20266 pages

From the report报告摘录After-Tax Yield Advantage: 30Y AAA munis offer ~120bps after-tax yield pickup vs Treasuries (vs 5Y avg), with BBB/HY munis also outperforming corporates (124bps), highlighting tax efficiency in higher-rate environments.

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