Summary

• Interest rates are higher than they’ve been in some time, and the income from municipal bonds is generally exempt from federal income taxes.
• The volatility over the last few years was an anomaly in the muni market. The team has a positive view about munis and where yields are in 2026.
• Municipal bonds are a pure play on the US, states, and local communities, without the exposure to geopolitical risks of more global asset classes.

Mark Paris, Chief Investment Officer and Head of Municipals, sits down for a timely, in-depth conversation on the municipal bond market - why it matters, how it works, and what investors may be missing right now. He breaks down munis

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