Municipal 2Q21 Market Review & Outlook
July 14, 2021 — By the end of the second quarter, the municipal market fully recovered from 2020 Covid-19 lows and has now reached record levels in several areas. Both fiscal and monetary support, along with a consumer-driven rebound, contributed to a robust economic environment that drove asset prices higher across the board. Municipals outperformed most other fixed income asset classes, and muni high yield took top billing, leading to historically rich valuations.
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Fixed Income
Taxable Fixed Income 2Q21 Market Review & Outlook
July 14, 2021 -- Fixed income investors had a reprieve after a tough first quarter. Longer rates fell 25 to 30 basis points and credit spreads tightened. . . .
ESG Solutions
Green Treasuries: Is Now the Time for the Federal Government to Jump on the Green Bond Bandwagon?
The green bond phenomenon has taken the investing world by storm. Corporations, governments, and municipalities worldwide have leveraged green bonds to fund projects that . . .
Fixed Income
Where to Find Income in a Low-Interest Rate World
The Fed’s announcement last week that would pull rate hikes forward by six months was somewhat of a surprise for investors. The good news is that it doesn’t really change . . .