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A closer look at the muni-bond market. We remain optimistic about muni bonds going into 2024 and believe that there are opportunities to find value across the credit spectrum. Technicals have the potential to be constructive for the sector going forward. Uncertainty around the Fed’s policy rate path and the US economy’s resilience kept ...With higher yields, cheaper valuations, and wider credit spreads, muni bonds offer a particularly attractive opportunity today for those seeking a tax-efficient way to invest late-cycle.May 26, 2023 · A Utah city’s plan to issue about $15 million in bonds to fund a new parking structure has officials fixated on the fast-approaching deadline to raise the U.S. debt ceiling. The fear: A default ... The discount is now at some of the widest levels in nearly two decades. According to data provided by Matisse Capital, the average muni CEF is trading at an 11% discount to its NAV. This compares to the long-term average of 4% and the 1.5% discount on the funds at the beginning of 2022. The effect of the discount/falling share price also helps ...Prices fell across the board as benchmark yields on top-rated municipal bonds jumped as much as 16 basis points in trading on Thursday, according to Bloomberg pricing data. The 10-year yield now ...Take the 5.4% yield on the Nuveen AMT-Free Municipal Credit Income Fund (NVG), a closed-end fund (CEF) that’s one of the best ways for you to crack the muni market. Thanks to its tax-free nature ...The municipal corner of the market saw some volatility. The benchmark AAA municipal curve fell by ~10 basis points across the board. The ratio of municipal bond yields as a percentage of Treasury yields fell on this combination of moves and currently sits at ~66% at 10- years. Bond power rankings are rankings between Municipal Bonds and all other U.S.-listed bond ETFs on certain investment-related metrics, including 3-month fund flows, 3-month return, AUM, average ETF expenses and average dividend yields. The metric calculations are based on U.S.-listed ETFs that are classified by ETF Database as being mostly exposed ...Get the latest iShares National Muni Bond ETF (MUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.With the Federal Reserve rate increase earlier this month and expectations of more increases, municipal-bond prices have grown increasingly volatile, and the …The authority remarketed three series of bonds, originally issued in 2007 and 2013. The bonds will now mature in 2027, 2033, and 2034, with interest rates ranging from 4.15% to 4.2%. The securities received a rating of A3 from Moody’s. By Munichain News Desk. November 24, 2023.Refinitiv Lipper reported $798.474 million was pulled from municipal bond mutual funds in the week ending Wednesday after $407.976 million of inflows into the funds the previous week.Stephanie Larosiliere, Invesco's head of municipal business strategies, says the fundamentals in the municipal bond market are strong despite the looming threat of a federal government shutdown. She speaks with Katie Greifeld and Romaine Bostick on "Bloomberg Markets: The Close." (Source: Bloomberg)Retail Buyers Spur Muni Trading Record, Biggest The 10-year U.S. treasury edged past 4.5% several times la BlackRock Says Muni-Bond Pain Sets Up Long-Term Gains. Municipal-Treasury ratio is up significantly from 2021 average; Recent decline has restored value to …Mar 1, 2023 · In 2022, the Bloomberg Municipal Bond Index tanked 8.53%. Allspring Municipal Bond Fund's 8.40% tumble still lost money, but beat the index by 2%. Year to date, WMBIX is up 0.82% vs. the 0.53% ... jessica-lerner-bb8018224. May 17, 2023, 3 The municipal bonds that state and local governments sell to pay for unsexy-sounding infrastructure projects are offering their highest yields in more than a decade. New bond investors snapped up ... Nov 29, 2023 · The authority remarketed three series of bonds, origin

What makes muni bonds attractive, though, is that they are tax-free. For an investor in the 37% top marginal tax bracket, a 2.92% average yield to maturity on MUB is a tax-equivalent yield of 4.63%.Outflows from municipal bond mutual funds intensified as Refinitiv Lipper reported $2.876 billion was pulled from them as of Wednesday after $255.794 million of outflows the week prior.Practice management news, reports, video and more. ... As a result, the muni bond supply will likely remain tight until interest rates stabilize next year. While the overall muni market has seen net outflows this year, municipal ETF flows came in at a positive $13.7 billion through September. High after-tax yields could draw in more investors ...Vanguard Short-Term Tax-Exempt Bond ETF ( VTES) 0.05%. iShares National Muni Bond ETF ( MUB) 0.07%. iShares Short-Term National Muni Bond ETF ( SUB) 0.07%. Nuveen High Yield Municipal Bond Fund ...

(Bloomberg) -- Investors are rushing into the $4 trillion municipal bond market to take advantage of bargain prices. Most Read from Bloomberg. Hamas Mastermind Who Tricked Israel Is Top Target in ...For high-income taxable investors, we are expecting a municipal bond renaissance.”. According to the report, muni bonds only offered yields of around 1% at the start of 2022, compared to yields ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. The yield on an in-state bond would need to be at least 93% as high as. Possible cause: Fitch Downgrades Enhanced Variable Rate Muni Bonds (7/28/09) Rating Action Comment.