Identifying Value Opportunities Amid Struggling Municipal Hospitals
October 5, 2022 — It has been a rough couple of years for US hospitals, having navigated the front lines of the Covid-19 pandemic and subsequent staffing burnout. Municipal investors in the healthcare sector have seen negative returns, spurred by a combination of rapidly rising interest rates and widening credit spreads. Despite these challenges, now is not the time to shun the entire healthcare sector; rather, this represents an excellent entry point for investors willing to be selective within a sector that could provide a key yield enhancement to municipal bond portfolios.
Municipal Fixed Income
The Ghosts of Pension Future (Part 3)
September 6, 2022 -- To establish fund solvency, a number of pension systems need to discover new and innovative solutions to long-standing issues. . . .
How Much Cushion Does Fixed Income Provide?
September 21, 2022 -- The long-awaited September FOMC statement and summary of economic projections arrived, and it met the expectation coming with a “hawkish” 75 basis point ra
Brighter Return Prospects Despite Rate Volatility — Fixed Income Outlook in 5 Charts
September 19, 2022 -- The market is currently pricing in the Fed to raise rates by an additional 175 bps through the end of 2022 to a 4.25% terminal rate for . . .