The Bond Buyer's weekly yield indexes pushed higher this week, as municipals grew consistently weaker in the wake of more than a week's worth of market turmoil.

"We're seeing significantly higher yields," said George Strickland, managing director and portfolio manager at Thornburg Investment Management. "Trades are happening off the scale for sure, where you've got motivated sellers, trades are happening at levels that under normal circumstance that you would think would never happen. They're way too cheap.

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