Muni Issuance Low Amid Strong Demand: Thornburg's Lando

The video discusses the municipal bond market, focusing on April's trends, issuance levels, and the financial health of municipalities. It highlights the strong credit quality of municipalities and the impact of federal aid. The video also examines California's unique position in the muni market due to its high tax rates and demand for tax-exempt bonds.

What has been the trend in municipal bond issuance in April 2023 compared to previous years?

How has the credit quality of municipalities been affected during the COVID years?

Discuss the impact of federal aid on municipalities' ability to raise money.

What does the oversubscription of high-quality issuers indicate about the current bond market?

What factors contribute to California municipal bonds being more expensive than those in other states?