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:
- Performance Snapshot
- Market Data
- The Bottom Line
Did you miss the January 30 edition?
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