Sorry, you need to enable JavaScript to visit this website.
Skip to main content
Skip to main content
Strategy Insight

High-Yield Municipal Bonds: Not Worth The Risk, But Still Better Than Junk

by Ryan Swift, Chief Strategist  

High-Yield municipal bonds have performed well in recent years, but valuations are now stretched. We recommend an underweight allocation, though we prefer high-yield munis over high-yield corporate bonds.

BCA Research | US Bond Strategy

One macro framework for rates, FX, credit, and commodities, helping investors connect cross-market signals and position with clarity and conviction.

Stay Connected with BCA

Get our latest events and research insights delivered to your inbox.

The BCA Way

Our Philosophy, Your Edge

Discover More