AI is rapidly reengineering the $4 trillion Municipal Bond Market. No part of the market is going to be untouched. Trading, pricing, underwriting, credit analysis, compliance, disclosure, regulations—every bit of it is being transformed. In five years, the municipal bond market as it exists today will look vastly different. Wringing out existing inefficiencies and opaqueness, AI will ultimately create billions in value for investors and save issuers billions in interest expenses. Okay, okay. T...
Munis typically have lower default risk than their corporate... S&P municipal bond index, as of July 17. However, “muni... interest rates and demand increases for muni bonds, said Kozlik....
low default risk. Don’t Miss: For investors interested in investing in municipal bonds... "The changing municipal bond landscape offers nimble investors and a potential opportunity to...
6 Lower Default Rates Another advantage that munis have over corporate bonds is a much lower rate of default. According to Moody's, the annual municipal bond default rate was about 0.03...
A municipal bond , commonly known as a muni , is a bond issued by state or local governments... Coupon rates Municipal bonds' coupon rates are generally lower than those of comparable...
Municipal Bond? Although municipal bonds may have lower interest rates than riskier investments like corporate bonds or stocks, they offer stability for your capital with low default rates....
Like all bond investors, municipal-bond fund investors have had a rough go of things recently. As interest rates have continued climbing, the average intermediate-term municipal-bond fund shed about 11.8% for the first 10 months of 2022. In response, investors sold off about $91.6 billion of assets across all municipal-bond Morningstar Categories over the same period. In the short term, ongoing interest-rate hikes could lead to continued trouble in muni land. But with fundamentals relatively strong, the tax breaks make these funds worth conside ...
Municipal Bonds ; Daniel J. Close · Head of Municipals ; Kristen M. DeJong · Portfolio Manager ; Philip C. Traven · Portfolio Manager
Bonds play a key role in a comprehensive investing strategy, as they provide a generally reliable source of income, capital preservation, and a way to diversify portfolios, among other advantages. Municipal bonds, specifically, can offer investors additional benefits, including the ability to invest in local projects that may directly impact their communities. Perhaps most notably, many investors look to “munis” for their tax advantages since the interest is typically exempt from federal inc...
Municipal bonds (munis) are issued by state, county, and local municipalities to fund government work, such as road maintenance and other building projects.