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Investors and dealers are trading municipal bonds at a record pace this year, driven by strong government sales and a burst of volatility tied to tariffs and interest rate moves.
The number of trades has already surpassed 15.4 million, exceeding last year’s total of 14.5 million and marking the highest annual volume since the Municipal Securities Rulemaking Board began tracking data in 2006. Bloomberg's Shruti Singh has more on the story.
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