Municipal Bond Opportunities Still in Play

Dan Scholl |
Wilmington Wire
Muni-Bridge-NC.jpg

March 17, 2020 —Financial markets have experienced extreme turmoil, with the damage not limited to the equity or taxable bond market. Typically viewed as a safe haven during times of stock market duress, munis have also experienced extreme levels of volatility that surpass 2008 crisis levels and are approaching October 1987 values.

Read More...


Municipal Fixed Income Quarterly Market Commentary 4Q 2019

Karleen Strayer |
Investment Management
Muni-Bridge-NC.jpg

In the 4Q 2019 issue of our quarterly publication, we:Provide an overview of performance in the 4Q 2019 municipal market.Explain why demand is outpacing supply, municipal yield curves are flattening, and credit spreads are tightening.Explore why muni issuers are flocking to the taxable market.Supply is in demand Municipal fixed income returns for 2019 were strong in the fourth quarter and among the best of the decade for the full year.

Read More...


Municipal Fixed Income Quarterly Market Commentary 3Q 2019

Karleen Strayer |
Investment Management
Blog_39.jpg

In the 3Q 2019 issue of our quarterly publication, we discuss the latest developments in the municipal market.Municipal issuance picked up in the third quarter following muted supply the first half of the year; robust demand continued to outpace supply despite the increased issuance.Municipal issuers are increasingly turning to the taxable debt market to refund tax-exempt debt, a result of the Tax Cuts and Jobs Act of 2017.

Read More...