Heavier Calendar Hampers Muni Performance; BAM Weekly Update, 4/28/23
Channel: Build America Mutual (BAM)
Date: 2023-04-28

Issuers sold more than $10 billion of new #municipalbonds for the second consecutive week, keeping muni yields flat even as the Treasury market rallied on data showing the economy growing more slowly than expected. BAM insured more than $160 million of new issues, led by #greenbonds for Mountain House, Calif.

Please Note: These videos do not constitute individual investment recommendations or advice. Investors considering the merits of a particular debt issue should read the Official Statement prepared for it. If BAM insurance has been purchased for some but not all of the bonds being offered for sale, the Official Statement will identify which bonds are insured. For more information, please view our Terms of Use: http://buildamerica.com/terms-of-use