The short and the long of it.

  • A round-up of yields and market performance across the muni spectrum.
  • Exploration of higher education, with a spotlight on individual credit selection.
  • President Trump and transportation infrastructure.
  • Change and challenge in the not-for-profit hospital sector.

The tax-exempt municipal bond market took a thrashing in the final quarter of 2016. So how should investors deal with recent negative returns and potential volatility going forward? We suggest responding rather than overreacting.

Please see important disclosures at the end of the article.

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