$3T Biden Infrastructure Plan a 'Catalyst' for Munis: Invesco's Paris

The video discusses President Biden's multi-trillion dollar economic plan focused on infrastructure, highlighting its potential impact on the municipal bond market. Mark Paris from Invesco shares insights on infrastructure investment, the effects of recent stimulus bills, and the correlation between tax changes and muni market strength. The discussion also covers high yield trends and market volatility, emphasizing the potential for growth in the muni market amid rising taxes and economic recovery.

What are the main focuses of President Joe Biden's economic plan mentioned in the text?

How has the demand for municipal bonds changed in recent years according to the text?

What impact did the COVID pandemic have on municipalities' financial performance?

What correlation exists between tax perceptions and the municipal bond market?

What are the expectations for high yield spreads in the current economic climate?