NMCO - 2020 Muni Market Midyear Update
There's no way to overstate just how much the COVID-19 pandemic has disrupted our daily lives and the broader economy - and the municipal market is no exception. To take stock of where the muni market is now and what we should look for going forward, we turned to Baird Municipal Analyst Mike Schnetzer and Strategas's Head of Fixed Income Research Tom Tzitzouris for their perspective.
The Effects of COVID-19
After the muni market closed out 2019 with $422 billion in new issuance, expectations for 2020 were fairly robust. How has the coronavirus impacted supply