Munis Are the 'Valedvictorian' of Fixed-Income: Newfleet's Heaney

The video discusses the current state of the municipal bond market, focusing on infrastructure packages, tax implications, and bond issuance. It highlights the performance of municipal bonds, driven by tax advantages and investor demand. The impact of Federal Reserve actions on the bond market is analyzed, with a focus on yields and market dynamics. The video concludes with a discussion on credit spreads and investment strategies, emphasizing higher quality sectors and intermediate duration as potential opportunities.

What are the potential impacts of the proposed infrastructure package on the municipal bond market?

What is the significance of the Build America Bond program mentioned in the discussion?

How do higher taxes influence the performance of municipal bonds?

In what ways have municipal bonds performed compared to other fixed income investments this year?

What factors are contributing to the current demand for municipal bonds?