Aberdeen's Sickinger Sees 'Choppy' Muni Market This Year

The video discusses the World Bank's reduced global economic growth forecast and its impact on high-grade municipal bonds (munis). Munis are considered defensive assets with high credit quality, performing well in stagflation. The importance of analyzing individual credits and sectors is emphasized. Positive trends in transportation and liquidity are noted, with supply and demand dynamics affecting munis' performance. The future outlook highlights the significance of ESG in investments and the need to focus on shorter durations due to a flat yield curve.

What are some positive fundamentals observed in the municipal bond market related to the reopening sector?

What is the expected impact of summer coupon payments on the municipal bond market?