KEY POINTS
- It’s been a tough year for municipal bonds with investors cashing out amid rising interest rates.
- But higher yields compared to U.S. Treasurys and strong credit ratings may be sparking a shift, experts say.
- “I think that public finance upgrades will outpace downgrades in 2022,” said Tom Kozlik, head of municipal research and analytics at HilltopSecurities.
cnbc.com
by Kate Dore, CFP®
JUN 1 2022