Municipal Yields Remain Generationally Enticing Amongst the Latest Flight to Quality, Future Attractive Investment Opportunities May Occur But Will Be Less Frequent
10/11/2023
Investor conviction remains elusive. We reiterate that municipal bonds have and should continue to be included in the flight-to-quality activity during future instances of investor uncertainty.
The investment backdrop changed again over this past weekend when attacks in the Middle East increased geopolitical tensions.
We believe, especially now, that municipal yields are at generationally enticing levels.