How Rate Volatility Is Impacting the Muni Market

The video discusses the impact of the September CPI on Fed rate hikes and the municipal market. Whitney Fitts from Appleton Partners explains the volatility in the muni market due to inflation and supply-demand dynamics. Despite retail outflows, demand for bonds remains strong. The video explores yield opportunities in different parts of the curve, highlighting the attractiveness of the 9 to 12-year segment. It also addresses the potential impact of Fed policies on state and local budgets, noting that while governments are in good shape, certain sectors like hospitals face challenges.

What implications does the September CPI print have for the Federal Reserve's rate hike strategy?

How has the municipal market reacted to the recent rate volatility and inflation?

What are the supply and demand dynamics affecting the municipal market as the year ends?

What challenges do state and local governments face in the context of potential economic slowdown?

What factors contribute to the current state of hospital sector credits in the municipal market?