With a possible recession on the horizon, many investors are probably looking for investment opportunities that could help provide security in a difficult market environment. U.S. municipal bonds are one possibility. The U.S. seems intent on accelerating infrastructure spending, and if that happens, the market for municipal infrastructure bonds could become even more robust.
David Farace, portfolio specialist, and Nick Venditti, senior portfolio manager and head of the Municipal Fixed Income team at Allspring Global Investments, discuss the current state of the municipal market, how we got here, and what opportunities are out there.
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