MUB

Vanguard spotlights opportunities in the bond market as rates are expected to decline

Vanguard spotlights opportunities in the bond market as rates are expected to decline. Inflation has cooled to levels that would allow for the Federal Reserve to start cutting rates in 2024. The shorter end of the U.S. 2 Year Treasury yield has fallen 5 basis points to 4.37%.

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months on Thursday. The inverted yield curve between the U.S. 2 Year Treasury yield and the 10 year Treasury yield reached its closest level to becoming unverted in nine months. The 2s10s curve continues to steepen and is now 14 basis points away from un- inverting. The inversion took hold in July 2022.

See Which Of The Latest 13F Filers Holds MUB

Wolfe Research suggests the 2s/10s yield curve wants to breakout

Wolfe Research suggests the 2s/10s yield curve wants to breakout. The inversion between the U.S. 2 Year Treasury yield and the US10 Year yield remains inverted but looks like it "wants to breakout (steepen)" At the moment, the inversion sits at -26 basis points and is close to being un-inverted.

Weekly Report: what happened at MUB last week (0715-0719)?

Fed rate cuts aren’t imminent as labor market data comes with caveats - Vanguard

Q2 2024 Credit Commentary - And The Year Rolls On

The credit cycle does not yet seem to have turned; at worst, it is mixed. On the muni front, governments and agencies are determined to maintain strong fund balances or reserves. Early-July economic releases show signs of a cooling job market. The ups and downs in economic data affected muni market returns.

RMM: A Hybrid Approach To Muni Bonds With A Trading Strategy