According to data from Bloomberg, investors poured $22.3 billion into municipal bond funds in the first four months of 2026 — the fastest pace of inflows since 2021.
From the Desk of David Loesch – May 7, 2026
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Market Insights
From the Desk of David Loesch – May 7, 2026
According to data from Bloomberg, investors poured $22.3 billion into municipal bond funds in the first four months of 2026 — the fastest pace of inflows since 2021.
Municipal Bonds, Fed Policy & What It Means for Your Portfolio
This week brought a confluence of developments that, taken together, strengthen the case for tax-exempt municipal bonds.
From the Desk of David Loesch – April 9, 2026
Markets remain steady but highly reactive, with interest rates holding firm while geopolitical developments — particularly in Iran — continue to drive short-term direction.
Fed Hold, Oil Shock, and the Municipal Market: What It Means for Fixed Income
The bond market is being pulled in two directions — a Fed that is structurally more hawkish than its single-cut dot implies, and an oil-driven rate shock with no defined endpoint.
Municipal Market Commentary: Rising Rates, Energy Volatility, and Credit Watch
We have been reporting on NYC regarding the change in leadership – yesterday, 3/11, Moody’s lowered its outlook on NYC to negative, citing “sizable and persistent” budget gaps.
Modest CPI, but Oil Prices May Rock the Boat
The Bureau of Labor Statistics released the Consumer Price Index (CPI) this week. Prices increased by .3% in February, and 2.4% annually, which matched forecasts.
MUNI Yields Jump as Oil, Geopolitics, and Fed Uncertainty Drive Markets
We have been discussing Higher Education for quite some time and the overall risks associated with that type of credit. Ohio Dominican University did not make its bond payment due 3/1, the latest issue the school is experiencing due to financial instability.
Easing Ahead? Municipals Benefit from Stabilizing Conditions
Municipal yields are down roughly 4 basis points across the curve in February and down again today across the curve with the economic news this morning.
FOMC Minutes Signal Extended Pause as Market Eyes 2026 Cuts
Minutes from the FOMC meeting should show a broad consensus to hold rates steady after three straight cuts.
Payroll Gains and Inflation Outlook Shift Fed Policy Expectations
Hammack (FED of Cleveland) indicated rates could be on “hold” while officials evaluate incoming economic data.
Investors Pour into MUNIs as Rates Peak and Credit Risks Rise
We reported that certain reports will be delayed due to the government shutdown. The January employment report has been rescheduled for 2/11 according to the data put out by Labor Stats.