Cooper Howard
CFA®, Director, Fixed Income Strategy, Schwab Center for Financial Research
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Bond Insights
Drought and severe heat could have negative effects on some municipal bond issuers, but we believe most will manage through it.
Market Commentary
Municipal bond yields are relatively low, which may make some investors wonder about their attractiveness as an investment. However, we have a favorable outlook on munis for the second half of the year, due to a variety of potential tailwinds, including government fiscal support and technical factors.
Bond Insights
Local governments are proving more resilient than expected. Here’s what it means for munis.