Fed Talk Sparks Broad Selloff: BAM Muni Update, March 25
Channel: Build America Mutual (BAM)
Date: 2022-03-25

Long-term municipal bond yields were sharply higher on the week, amidst bearish talk from the Federal Reserve and continuing weak investor support. BAM insured more than $325 million of new issues, led by a $95 million sewer bond issue in Louisiana and a $94 million maturity of a larger Chicago Transit Authority transaction.

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