Tax revenue is rising with inflation. That’s good for munis

Amanda Albright  |  January 14, 2022

By Amanda Albright, includes “Inflation might not be all that bad for municipal bonds. … munis can offer a hedge against rising prices because their credit quality could actually improve as a result of it … MacKay Shields’ municipal-bond team noted that higher price pressures can mean municipalities are collecting more in taxes that support bond repayment.” 

Read the full article on: Bloomberg

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