Commentaries
Archive
Articles, Podcasts, Videos
Are Municipals Still a Safe Harbor?
The world as we knew it has been left behind. Stability and safety of municipals bonds was a given. Many pundits have considered municipal securities to only be second to Treasury securities in the safety factor. This premise was extremely tested when positive in...
Christopher Philips, CFA, head of Vanguard Institutional Advisory Services
4-9 Vanguard’s take on asset allocation, risk management in turbulent times
Muni market reflects all kinds of uncertainties
With outflows occurring, Eric Kazatsky, muni strategist at Bloomberg Intelligence, maintains that muni appetite will vary directly with the credit hits that will be sustained in this environment. In some ways, he sees a return to pricing for the risk and the...