- The Fed is likely to hold rates steady this week, but lower oil prices are giving municipal yields room to fall again.
- A reported U.S.-Iran framework that could reopen the Strait of Hormuz is reducing one of the market’s main near-term inflation pressures, even though the details are still incomplete.
- Demand remains the defining municipal bond market story of 2026. Another $4.3 billion has flowed into municipal mutual funds over the past three weeks, and lower yields could add to that momentum.
advisorhub.com
by Tom Kozlik, HilltopSecurities
June 17, 2026