Key takeaways
- Monetary easing
A macroeconomic environment with potentially lower interest rates is supportive of municipal bonds. - Attractive yields
Muni yields are still near their 10-year historical highs following two years of Federal Reserve (Fed) rate hikes. - Supportive fundamentals
Fiscal stimulus and strong revenue collections have helped maintain robust muni credit fundamentals.
invesco.com
Mark Paris
Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income
Tim Spitz
Head of Municipal Business Strategy and Development
December 20, 2024