Strategy Insight
High-Yield Municipal Bonds: Not Worth The Risk, But Still Better Than Junk
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.
BCA Research | US Bond Strategy
Global Fixed Income Strategy, US Bond Strategy, Foreign Exchange Strategy, and Commodity and Energy Strategy.
Stay Connected with BCA
Get our latest events and research insights delivered to your inbox.