Citi’s exit raises concerns about liquidity in high-yield market
1 min read![Citi's exit raises concerns about liquidity in high-yield market Citi's exit raises concerns about liquidity in high-yield market](https://arizent.brightspotcdn.com/dims4/default/b78be70/2147483647/strip/true/crop/712x374%200%2066/resize/1200x630!/quality/90/?url=https://source-media-brightspot.s3.us-east-1.amazonaws.com/85/c0/fd130f6c4e4a9fb741bbaed742d7/lee-dora-cropped.jpg)
With the high-yield municipal bond market riding a tide of inflows and new deals in 2024, investors say
“The loss of Citi really highlights the over-the-counter nature and the importance of relationships within the muni market,” Lee said. “I do expect to see that gap being filled, it’s just going to take some time.”