The municipal securities market is composed of more than one million unique bonds, each with its own specific structural characteristics, credit ratings and yields. Market benchmarks such as yield curves, provide sector-specific or broad market information about the general level of municipal interest rates. Not all benchmarks and yield curves are created equal. Hear about how different yield curves are used to evaluate a bond’s yield or performance.Resources:EMMA® Website Yield Curves and Indiceshttps://emma.msrb.org/ToolsAndResources/MarketIndicatorsUnderstanding Yield Curves and Indiceshttp://www.msrb.org/~/media/Files/EMMA/Understanding-Yield-Curves-Indices.ashx??la=en
 

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