Jack Muller breaks down muni performance, credit signals, and state policy risks shaping investor focus in early 2026.
The municipal bond market kicked off 2026 with strength but volatility, supply dynamics, and state-level policy are already shaping the road ahead.
In this Weekly Wrap Up, host Eric Kazatsky is joined by Jack Muller, CFA, Credit Analyst at MacKay Municipal Managers, to break down the latest muni insights. They explore why munis have outperformed taxable fixed income so far this year, how richening ratios reflect continued demand, and why investors are keeping a close eye on credit fundamentals. The conversation zooms in on California’s improved fiscal outlook and the proposed wealth tax ballot initiative, as well as Florida’s potential property tax reform and what both mean for municipal credit.
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