The tax-exempt market finished September on a positive note, leaving yields almost 50 basis points lower for the month, for the first gain since April.

The 10-year Municipal Market Data yield slid 48 basis points in September, while the 30-year yield fell 37 basis points. In April the 10-year MMD yield slid 20 basis points and the 30-year yield dropped 25 basis points.

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