Investing.com
Wall Street’s Muni-Bond Bankers Brace for a Record Year in 2020
Municipal Market Analytics doesn’t see annual issuance dropping below $400 billion in any of the next five years. Unless there’s an unexpected material rise in interest rates, “there is more upside than down to these numbers, particularly in the out years as more state and local issuers sell bonds for water and transportation projects and to address local economic vulnerabilities from climate change,” said Matt Fabian, a partner at the firm