Bond Market Today Stabilizing After A Strong 30-Year Treasury Rally

<p>"With this uncertainty, what is already priced into the bond market today? There would be a soft landing if inflation rolls over. I see an opportunity in credit tightening and rates. Municipal spreads may widen through this recession as I think they would be a net beneficiary of lower rates. The initial worry is that a quarter of the municipal market is institutional," says Jason Appleson.</p>