Muni Fund Redemptions an Opportunity: InspereX's Ware

The video discusses the underperformance of municipal bonds compared to treasuries, driven by a redemption cycle and rising interest rates. It explores the impact of tax season and interest rates on liquidity, and the widening of credit spreads in the muni market. The discussion includes strategies for managing portfolios, such as laddered portfolios, to mitigate risks and take advantage of higher yields in a volatile market.

What factors are contributing to the underperformance of municipal bonds relative to treasuries?

How does tax season impact liquidity in the municipal bond market?

What is the significance of credit spreads in the current market environment?

How can laddered portfolios help investors in a rising interest rate environment?

What strategies can investors employ to take advantage of higher yields during periods of spread widening?