Municipal Risk Paradox: Safety and Risk Sectors Simultaneously Outperforming
July 30, 2025 — In a surprising twist, both high-grade and high-yield municipal bonds are outperforming — simultaneously. This rare alignment is challenging traditional market logic and signaling a structural shift in investor behavior. Discover what’s driving this municipal market paradox and what it means for portfolio strategy.
Featured Insights
Municipal Fixed Income
Municipal Bonds That “Put” a Little Extra Income In Your Pocket
July 28, 2025 -- Bonds with mandatory put features — which require the issuer to repurchase the bond before final maturity — are gaining traction, offering investors . . .
Fixed Income
Cracks in the Consensus: Testing the Fed’s Unity
July 28, 2025 -- The Federal Reserve has long projected an image of unity and stability — but that perception may soon be tested. As political pressures mount and leadership...