Municipal Fixed Income Perspectives — July 2024
July 15, 2024 — This presentation provides an overview of our municipal market outlook and key themes, and it illustrates how Sage is positioned in the current environment.
Key Takeaways
- Municipal bonds continue to offer historically high levels of tax-free income.
- Long duration strategies enable the most optimal curve allocation as a barbell strategy can be full implemented.
- Both general obligation and revenue sectors are solid from a fundamental credit standpoint as revenues remain elevated despite a cooling economy.
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