In this installment of Bonding Time featuring Tom Kozlik of HilltopSecurities, we discuss the ongoing infrastructure deliberations in Congress including the recent introduction of muni provisions in the Ways and Means reconciliation draft and handicap potential next steps in both the House and Senate.
We also discuss the immediate and long-term impacts of a potential federal default and a government shutdown on the overall health of the markets and the current lack of a plan to solve these self-made crises.
Bond Dealers of America
September 21, 2021