Here's Why Munis Will Be Back in Vogue Next Year

The video discusses the potential revival of the municipal bond market in 2023, driven by factors such as stabilizing interest rates and favorable supply-demand dynamics. Cooper Howard from the Schwab Center for Financial Research highlights the high credit quality of municipal bonds and the reduced risk of defaults. The discussion also covers the risks associated with high yield muni bonds and identifies the transportation sector as a promising area for investment due to improving economic conditions and reduced COVID-19 risks.

Why is it suggested not to invest entirely in high yield municipal bonds?

What specific sector within municipal bonds does Cooper Howard identify as having potential opportunities in 2023?