All eyes on November. 84% munis, 16% stocks are optimal allocations. States, not locals feel shutdown heat, but its ok. We explain in our latest MacKay Municipal Monitor.
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Securitized Munis Remain Market Stand Out
Muni Shocktober is a great thing! Pre-pay gas bonds retain muni allure. California taxes buffer spread range. We explain in our latest MacKay Municipal Monitor.
Credit Cracks Don’t Have Munis Worried
Munis lean into long end bias. Flushing toilets remains a priority. Munis serve as recession buffers. We explain in our latest MacKay Municipal Monitor.
Fed Easing Buffers Come from Different Places
Muni rocket cedes to taxables. Long still beating expectations. Blended basket of risk examined. We explain in our latest MacKay Municipal Monitor.
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