Peter is head of BlackRock’s Municipal Bonds Group and a member of the Americas Fixed Income Executive Team. He leads the firm’s Municipal Bond Operating Committee, which oversees municipal bond portfolio management, research and trading activities. He is also a member of BlackRock’s Global Operating Committee. Peter writes about municipal bonds.
Disclosure: The content Market Realist publishes should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of BlackRock.
Over the years, average returns from municipal bonds (CMF) are in line with the broader index. They outperformed in some years and underperformed in others.
Peter Hayes continues our Feeling Taxed? series with a look at how tax-exempt municipal bonds provide attractive relative income without an unsavory level of risk.
Munis remain a high-quality asset class offering yields that today rival those of Treasuries and many corporate bonds before tax — and look even better after.
It’s been a solid run for municipal bonds so far in 2014. And that has many investors wondering what to do next. Peter Hayes prescribes a three-step muni workout.
