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Interpret the following comments made by analysts and portfolio managers. No more than three sentences. Although yields among bonds are related, todays rumors of a

Interpret the following comments made by analysts and portfolio managers. No more than three sentences.

Although yields among bonds are related, todays rumors of a tax cut caused an increase in the yield on municipal bonds, while the yield on corporate bonds declined. (think what happens to prices first and then what happens to yields after prices change)

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