BlackRock Doesn’t See Virus Pandemic Causing State, City Bankruptcies

The video discusses the impact of the pandemic on municipal bonds, highlighting the misinterpretation of threats to AAA and AA rated bonds. It examines market volatility, noting a significant drop and partial recovery in bond prices. The role of the Federal Reserve's municipal liquidity facility is explored, along with signs of market recovery. The potential for negative interest rates is debated, with skepticism about their likelihood in the U.S. due to economic uncertainty.

Discuss the long-term viability of general obligation bonds in the current market context.

What are the implications of potential negative rates on municipal bonds?