For the #MuniBond wonks, definitely download the podcast "Masters of the MuniVerse" hosted by Eric Kazatsky of Bloomberg Intelligence. It is good pod as his first question "2022 obviously not a great year... Which of you three feel like your (forecasting) got 2022 the most right?"Participants are Peter Degroot, head of municipal research and strategy at JPMorgan; Vikram Rai, head of municipal strategy at Citigroup; and Mikhail Foux, head of municipal research at Barclays.External links for your favorite podcast platforms: Spotify: https://lnkd.in/ePxVjQzjApple: https://lnkd.in/eqFpGSAvGoogle: https://lnkd.in/ebmnPCJt
The graph or picture is a little difficult to read. It display 2022 returns as of December 19th, 2022 and highlights the resiliency of Municipal Bonds vs US Agg, Corporates, Treasuries, and High Yield Munis.
- Bloomberg Municipal Bond Index Total Return = -7.81%
- Bloomberg US Agg Index Total Return Index = -11.12%
- Bloomberg US Corporate Total Return Index = -13.73%
- Bloomberg US Treasury Total Return Index = -10.71%
- Bloomberg Muni High Yield Total Return Index = -11.15%