Latest Updates: Related to Inflation

Biden Buys Time by Endorsing Framework; Still No Infrastructure Deal

  • There is no bipartisan agreement on infrastructure. Not yet, anyway.
  • Lawmakers are using this as a stall tactic that will buy them some time to continue to negotiate.
  • A bipartisan agreement that passes the House and Senate is still unlikely. Democrats also have a long way to go before they can get something done through budget reconciliation.
  • We cannot yet make a determination about the fate of municipal bond-friendly elements because there still are no additional details. However, our expectation is that municipal-friendly elements will likely be included in a bill proposal if or when one materializes.

Download the full article

Read more Municipal Commentary 

Learn More From HilltopSecurities

Taper Timing Questioned After Payroll Shocker

Powell’s Q&A Indicates QE Taper to Conclude Next Summer

Thank you for visiting the HilltopSecurities website.
For best viewing experience, we recommend using Chrome, Firefox, Safari, or Microsoft Edge.