Goldman Sachs Asset Management Goes Inside the Municipal Bond Rally

The video discusses the current state of the municipal bond market, highlighting record inflows and investor confidence. It explores the impact of the 2008 financial crisis on municipal bonds, focusing on changes in credit ratings and spreads. The discussion also covers the potential effects of state tax migration, particularly in California, and the influence of the tech boom. The video concludes with insights into bond investment strategies and the possible impact of trade wars on the municipal market.

What factors are influencing the relationship between municipal bonds and treasuries?

How have credit fundamentals in the municipal market changed over the past decade?

What impact has the migration from high tax states to low tax states had on the municipal market?

What are the different types of bonds available in the municipal market, and how do they relate to each other?

What concerns do investors have regarding the municipal market in light of potential trade wars?