The opportunity to scoop up municipal bonds at attractive prices isn’t going to last forever, according to strategist Tom Kozlik. The head of public policy and municipal strategy at Hilltop Securities has been warning investors that a “window of opportunity” may close fast once the idea that the Federal Reserve is destined to cut interest rates gains in popularity. Now, he’s seeing signs that may have started.

“The ship is leaving the port, and investors should stay alert to avoid missing this opportunity,”

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