Selling pressure weighs, pushing muni yields higher ahead of FOMC rates decision – Bond Buyer

Selling pressure is currently putting downward pressure on municipal bond prices, causing yields to rise as investors brace for the Federal Open Market Committee’s upcoming decision on interest rates. This increase in selling pressure is leading to higher yields in the municipal bond market. Investors are closely monitoring the FOMC’s rates decision, which is expected to have a significant impact on the bond market.