Maximize Returns with AI-Powered NRK Insights




NRK Forecast

Municipal Bonds Continue To Face Intense Pressure - That Is Your ... - Seeking Alpha

The purpose of this article is to discuss the state of the municipal (muni) bond market, both tax-exempt and taxable. This is a sector I have long favored within the IG credit markets, often owning it exclusively and holding no IG corporate debt (I do have some high-yield corporate exposure). However, I saw a heightened level of interest rate risk back in 2021 for this sector in particular and began to fade on my outlook. In hindsight, this was certainly vindicated, the problem was I saw the sell-off in the first half of 2022 as a buying opportunity, and that has had limited success.

seekingalpha.com     Sep 20, 2022