Municipal Fixed Income Quarterly Review: Third Quarter 2016

Stephen Winterstein |
Investment Management

Roll, roll, roll your note, gently down the curve. In this 3Q16 Muni Commentary, we provide a round-up of yields across the muni spectrum. We also discuss whether investors should consider retaining and rolling short-term notes, rather than exercising the put option, now that short-term rates have spiked. We provide understanding around underfunding pension debacles