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Muni Trading Hasn't Been This Slow Since the Turn of the Century - Bloomberg

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The loneliest place on Wall Street may be the muni-bond trading desk. 

Even with the volume of new state and local government debt sales on pace to surpass last year’s record, trading activity has dried up considerably. The par amount of bonds traded has tumbled by 34% so far this year to $1.43 trillion, a 22-year low, according to data compiled by Bloomberg. 

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Muni Trading Hasn't Been This Slow Since the Turn of the Century - Bloomberg
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