Income Investor Perspectives

Independent municipal bond market insights for advisors

The Muni Catchup Has Moved

Good Morning Friends,

The Muni Catchup has moved!

I am now the Municipal Strategist for CreditSights Wealth, where my recently published updates covered seasonal trading trends (hint: the muni market does not take the summer off) and Summer Redemption Season (in which I have updated my estimate for total June redemptions to more than $52 billion).

Are you wondering what YTD muni returns look like? Has the market rewarded duration more than credit risk? CreditSights Wealth readers already know.

Let’s stay in touch. Learn more at CreditSights Wealth.

 

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Just Published: Muni Catchup 2/13/17

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While there is still speculation about how pending news from Washington will affect the muni bond market (pick your topic: tax reform, infrastructure spending, regulatory reform, postponement of DOL Fiduciary), our suspicion is that those concerns are having less of an effect on flows than the recent decline in muni yields.

This week in Pat Luby’s Muni Catchup:

  • Commentary
  • Performance Snapshot
  • Flows
  • Market Data
  • The Bottom Line

Did you miss the January 30 edition?

 

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This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed and are subject to change without notice. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
©2017 Patrick F. Luby
All Rights Reserved

The Muni Catchup 1/30

Just Published: The Muni Catchup for 1/30/2017

This Week’s Ingredients:

  • Chart of the Week: Miami-Dade Condo Sales
  • Performance Snapshot
  • Comments: Trading, New Muni ETF, Infrastructure
  • New Issue Supply: Light week ahead
  • Fund Flows: still net positive…barely
  • Market Data
  • The Calendar
  • The Bottom Line

Click here to read this week’s Muni Catchup

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This is not investment advice. The opinions expressed and the information contained herein are based on sources believed to be reliable, but accuracy or appropriateness is not guaranteed and are subject to change without notice. Past performance is interesting but is not a guarantee of future results. Investments in bonds are subject to gains/losses based on the level of interest rates, market conditions and credit quality of the issuer. Indices are not available for direct investment, although in some cases, there may be ETFs available designed to track some of the indices shown. The author does not provide investment, tax, legal or accounting advice. Investors should consult with their own advisor and fully understand their own situation when considering changes to their strategy, tactics or individual investments. Additional information available upon request.
©2017 Patrick F. Luby
All Rights Reserved

Pat Luby’s Muni Catchup: 1/23/17

This Week in The Muni Catchup:

  • Comments
  • Chart of the Week
  • Performance Snapshot
  • Fund Flows: still positive
  • New Issue Supply: steady
  • The Calendar
  • Market Data
  • Housekeeping: new stuff at IIP!
  • The Bottom Line: barbell / underweight duration / conservative structure

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Pat Luby’s Muni Catchup 1/17

This week’s Ingredients:

  • Commentary
  • Chart of the Week
  • Performance Snapshot
  • Fund Flows Turn Positive
  • New Issue Supply Picking Up
  • The Calendar
  • Market Data
  • The Bottom Line

Headlines continue to accrue about problems and concerns about underfunded public pension liabilities. In our view, MOST of these problems will be played out in slow motion, so self-directed investors and fiduciaries will need to be…

Click here to keep reading the latest Muni Catchup.

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