Record Lows for Five-Year Treasuries, Muni Bonds

Record Lows for Five-Year Treasuries, Muni Bonds Play

July 20 (Bloomberg) -- In today's "Bloomberg Bonds Headlines," Bloomberg's Josh Lipton reports that the 5-year treasury yield has fallen to a record low on concerns that Spain's bank bailout won’t be enough to stem the debt crisis, yields on 5-year Spanish bonds rise to the most on record and muni bonds backed by tobacco company payments are rallying in spite of default warnings. He speaks on Bloomberg Television's "Lunch Money."

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