Municipal Bond Market Insight - Taking Stock of your Bond Portfolio

What were the key takeaways from last month’s numbers? Our muni specialists look back at the market’s performance and provide incisive commentary to help you make sense of what drove the market—and what may be on the horizon for muni investors.

Key takeaways from the latest edition:

Despite the recent rally, intermediate and long-term yields remain compelling.

Munis built on last month’s gains to outperform again.

Year-to-date (YTD) market volatility facilitated significant tax-loss harvesting.

Our outlook remains constructive on fixed income as the Fed continues to move toward a less restrictive stance at a moderate pace.