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Municipal Commentary

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03.16.2026

VIDEO: Asset TV – Fed Signals, Geopolitics & Issuance

Tom Kozlik, Head of Public Policy & Municipal Strategy at HilltopSecurities, breaks down what investors should expect from the upcoming...
03.13.2026

VIDEO: Asset TV – Muni Analyst Issuance Projections for 2026

Tom Kozlik, Head of Public Policy & Municipal Strategy at Hilltop Securities, reviews issuance progress year‑to‑date and compares it to...
03.11.2026

The Bond Buyer: Muni market faces elevated cyber risk as war rages in Middle East

Given all the macro and policy noise, investors have been reacting by "simplifying," said Tom Kozlik, managing director and head...
03.06.2026

CNBC: Find safety and income in these tax-exempt bonds as the Iran war stirs up the market

For Tom Kozlik, head of public policy and municipal strategy at HilltopSecurities, the latest moves mean an opportunity to lock...
02.24.2026

Smith’s Research & Gradings: Hilltop’s Simple Fix for Affordable Housing

Smith's Research & Gradings highlighted a recent HilltopSecurities' commentary titled A Simple Fix to Keep the American Dream Alive: Carve...
02.23.2026

Capital Chooses Stability & U.S. Infrastructure, The Municipal Market Story of 2026 So Far

Municipal investors are leaning into stability and U.S. infrastructure at a time when equity investors are pulling back from domestic...
02.20.2026

The Bond Buyer: Bond markets have muted response to new tariff announcement

Given all the macro and policy noise, investors have been reacting by "simplifying," said Tom Kozlik, managing director and head...
02.17.2026

VIDEO: Muni Minute – Flows Into Municipal Mutual Funds Stay Strong. Discipline Matters More

In the latest MuniMinute, HilltopSecurities’ Tom Kozlik joins John Muschalek to break down what strong municipal fund inflows, a cooling...
02.17.2026

VIDEO: CNBC – Bond market showing a renewed premium on stability, says HilltopSecurities’ Tom Kozlik

Watch HilltopSecurities' Tom Kozlik as he joins ‘The Exchange’ to discuss the action in bond markets, why it’ll be a...

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