Joe Gotelli, Senior Portfolio Manager, David Moore, Director of Municipal Research and Greg Torretti, Client Portfolio Manager at American Century Investments discuss their 2023 municipal bond outlook.
WEBCAST: Munis on the Mend?
After a tumultuous 2022, American Century’s Municipal Bond Team sees reasons for cautious optimism in 2023:
- The credit backdrop remains generally stable, thanks to unspent federal aid, record reserves and prudent budgeting practices.
- Amid the market’s supply and demand imbalances, select sectors and securities may offer advantages.
- While Fed policy and persistent inflation likely will create challenges, the resulting volatility also may reveal opportunities.
Team members will explain how a muni market turnaround may unfold this year—register to join us!
Accepted for 1 CFP® / IWI / CFA CE Credit