Munis off to rocky start to week, with returns in the red
Bar chart of 10-year and 30-year muni bond yields, weekly, from December 2021 through January 2022

Build CIO Matt Dines, CFA is quoted this week in The Bond Buyer, highlighting cases for and against the coming restrictive monetary policy by the fed. “Rate hikes could slow the rate of price increases for goods and services, giving the American consumer some degree of much needed relief. At the same time, pairing restrictive monetary policy with a struggling fiscal policy effort heightens risk, and might actually make our problems worse in the long run.”

Read more here: https://www.bondbuyer.com/news/munis-off-to-rocky-start-to-week-with-returns-in-the-red

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