Munis/S&L tax exempt
We rank the US spread sectors in terms of risk versus reward.
Our Portfolio Allocation Summary for February 2024.
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Our Portfolio Allocation Summary for December 2023.
Our Portfolio Allocation Summary for November 2023.
We present our Portfolio Allocation Summary for October 2023.
Our Portfolio Allocation Summary for September 2023.
BCA Research's US Bond Strategy service recommends a cautious allocation to high-yield munis, but the team still prefers the sector over high-yield corporate bonds. Along with junk-rated corporate bonds, high-yield munis have been one of the top performing…
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.
Our Portfolio Allocation Summary for August 2023.