DSM - Weekly Review: Municipal Bond CEFs - The Investors May Change Again Their Focus To Safer Assets
Introduction
Over the past few months, most of you have noticed our increased activity in closed-end funds as the inflow of volatility finally shook them up and created various arbitrage, and directional, opportunities for active traders like us.
Now that these products have grabbed our attention, we are continuously monitoring most funds by sector and will reinstate our Weekly Review, publishing a recap of the groups of interest.
The Benchmark
Trade turmoil continues to shake up investors. It looks like the market participants are worried about the situation and some of them changed their focus