It’s no secret that the COVID-19 pandemic was hard on the healthcare sector. From delays on routine medical procedures to the pressures the virus put on the first responders, the healthcare sector was impacted in a variety of ways – even some that investors may not have been truly aware of.
This includes hospital-backed municipal bonds.
But the COVID-19 crisis may finally be beginning to thaw for these municipal bonds and a new bull market could be starting. For investors looking at values in the muni sector, hospital and healthcare bonds could be a great bet.
Hit by COVID Crisis and Rising Rates
While the pandemic may be in the rearview mirror in terms of the virus, the outbreak is still having some wide-reaching effects. This is particularly true when it comes to hospital construction, expansion and funding.
dividend.com
by Aaron Levitt
Sep 19, 2023