Wall Street’s Portfolio-Trade Fad Hooks Slow-Moving Muni Market

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The boom in portfolio trading is starting to creep into the market for state and local government debt.Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatModi’s Embrace of Putin Irks Biden Team Pushing Support for KyivArchegos’ Bill Hwang Convicted of Fraud,