Thought Leadership

Tax Efficient Fixed Income 3rd Quarter Commentary

October 12, 2017

This commentary reviews the previous quarter and discusses our outlook for the months ahead.

Commentary Highlights

  • Low new issue supply, combined with strong demand drove municipal performance throughout the third quarter.
  • Washington shifts its focus to tax reform efforts after healthcare legislation fails to find a path forward.
  • The Fed raised rates and announced plans to slowly unwind the balance sheet, while speculation ensues around the next nominee for Fed Chair.
  • Hurricane season brought devastation to Texas, Florida, Puerto Rico, and other areas of the United States.

Please click here to read the commentary.