Takeaways by Bloomberg AI
- The municipal-bond market delivered its best performance for April in over a decade, with the Bloomberg Municipal Bond Index rising nearly 1.15% last month.
- The strong performance in April came after a stretch of war-fueled volatility, including a 2.3% decline in March, and runs counter to historical trends.
- Analysts advise investors to buy during periods of future weakness, expecting that subdued reinvestment capital and higher supply could cause technical conditions for the muni market to become onerous in the coming weeks.
Bloomberg Markets
By Aashna Shah
May 1, 2026