Strong Fundamentals Prevail for Munis
March 13, 2023 — Despite sticky inflation and rapidly rising interest rates, municipalities continue to exhibit strong credit quality. Record tax collections, billions of dollars of government stimulus, and strong budget oversight have helped to bolster state reserve funds to their highest levels ever.
Tactical Investment Strategy — March 2023
March 13, 2023 -- Risk and rates markets remain captives of shifting Fed policy expectations, which have become more hawkish over the last month due to hotter inflation . . .
Municipal Fixed Income
Illinois Achieves Another Rating Upgrade, but Upside Still Remains for Investors
February 28, 2023 -- Last Thursday, the State of Illinois achieved another milestone with its third one-notch rating upgrade from S&P over the last 19 months, bringing . . .
Fixed Income Perspectives — February 2023
February 16, 2023 -- In this presentation, Sage answers the 4 big questions (outlook for macroeconomic growth, Fed policy . . .