BSMT News and Press, Invesco BulletShares 2029 Municipal Bond ETF From 01/07/23

Summary The bond market began its own comeback during the fall with the Consumer Price Index report of November 10, reporting on October’s inflation. Longer-term municipal bonds have also seen a drop in yields. Most bond market selloffs of the magnitude we have witnessed this...

Invesco BulletShares 2029 Municipal Bond ETF ( NASDAQ: BSMT ) - $0.0296 . 30-Day SEC Yield of 3.03% as of Dec 19. Payable Jul 31; for shareholders of record Jul 20; ex-div Jul 19. For further details see: Invesco BulletShares 2029 Municipal Bond ETF declares monthly ...

Summary As the Fed steps away from being the largest buyer of longer-maturity Treasuries, new buyers will have to step in to fill this void, which may lead to continued volatility in longer-term U.S. Treasury rates. Amid the recent spike in rates, the volatility of lower-coupon bonds in...

Summary Rate hikes and tighter financial conditions drove fixed-income returns lower in 2022. The broad repricing of bonds and the higher starting yields we have now can help insulate investors from further losses. If we look at international bonds, this is probably the first ...

Summary Social Bonds represent the majority of ESG issuance. General purpose represents the largest use of proceeds amongst ESG issuance this quarter. Majority of ESG issuance in the third quarter of 2022 has used a verifier. During the third quarter, Municipal issua...

Summary Barclays Aggregate is down almost as much as the S&P 500 YTD. As of 10/31/22, the YTD return on high yield is far better than the return on corporate high-grade. There is relative value being created in the various bond market asset classes. Looking at th...

Summary The risk of recession will weigh on muni credit; however, we continue to be constructive on munis, given improved budgeting practices and accumulated reserves or rainy-day funds. The still-tight labor market should keep unemployment low, and massive amounts of federal fund...

Summary Persistent inflation spurred the US Federal Reserve to raise interest rates aggressively in the third quarter, with 0.75% hikes in both July and September. Earnings estimates for equities had continued to climb during the early part of the year and only started to moderate...

Summary The additional yield from a municipal bond is a multiple of what it was running prior to the pandemic. When we bring up a recession scenario, it’s important to underscore the role of municipal bonds, and bonds in general, in your asset allocation. Tax-loss harve...

Summary Negative total returns were driven by a sharp move higher in interest rates. Despite manageable issuance, elevated bid-wanted activity weighed on the market. We see several reasons to be more constructive on the asset class into year-end. Municipal market ins...