Beyond Bulls & Bears

Budget Season
Fixed Income

Budget Season

For US states, spring marks budget season, a time to check the ledger board and allocate funds to entities and projects within the state—or cut back where needed. Jennifer Johnston, our Municipal Bond Director of Research, explains what her team has an eye on when it comes to state budgets—and the good news is that, in general, things are looking pretty positive.

Muni Impact of US Infrastructure Bill Could Prove Longer Term
Fixed Income

Muni Impact of US Infrastructure Bill Could Prove Longer Term

While the new US infrastructure investment bill didn’t have any initiatives directly targeting the municipal bond market, there are still implications for munis in the longer term, according to our Municipal Bond Director of Research Jennifer Johnston. She explains the ramifications for investors in the space.

US Infrastructure Plan and Muni Bond Update
Fixed Income

US Infrastructure Plan and Muni Bond Update

In May, our municipal bond team published some thoughts on US President Joe Biden’s $2 trillion infrastructure package called “The American Jobs Plan.” As this package makes its way through Congress, the team will provide updates—here’s the latest from our Muni Bond Director Jennifer Johnston.