In November fixed income markets and municipal bonds in particular experienced the best monthly return since 1. Positive bond market momentum has carried into December as well. Act expeditiously, as it is better to be early rather than late to reduce the risk of missing further declines in rates.
The muni curve is positively sloped by 0. Data referenced may have been obtained from a variety of sources sources, including, but not limited to, Bloomberg, CreditScope or other systems and programs. CIM makes no representation concerning the accuracy of information received from any third party.
Past performance may not be indicative of future results. There can be no assurance that the future performance of any specific investment, investment strategy, or product, made reference to directly or indirectly in this market brief, will be profitable, equal any corresponding indicated historical performance level s , or be suitable for your portfolio. The information contained herein is not intended as an offer or solicitation for the purchase or sale of any securities.
High grade and high yield securities which may be mentioned herein may not be suitable for all investors. A credit rating of a security is not a recommendation to buy, sell or hold securities and may be subject to revisions, including reductions or withdrawals, at any time by the rating agency.
However, some municipal bonds may be subject to federal alternative minimum tax AMT. Municipal bonds are subject to capital gain or losses if they are sold prior to maturity. There is no assurance any of the market trends or forecasts mentioned will continue or occur and any estimates or opinions offered are subject to change without notice.
