Market Charts

Municipal bonds can recover quickly

07/17/2018

Even after notable market drawdowns of the past two decades, municipal bond investors have historically recovered their losses in less than one year. Examining drawdowns greater than 4% in the past 20 years, the Bloomberg Barclays Municipal Bond Total Return Index has recovered in eight months, on average.
 

Related articles

Municipal Fixed Income
And the bar is raised, again?
Standard & Poor’s recently released a report on the risks to local issuers of deferring maintenance on critical infrastructure assets.

Liquidity tiering for potentially higher yields in the tax-free market
While the Federal Reserve (Fed) has raised short-term rates gradually from the historically low levels reached during the global financial crisis, investors are still challenged to balance their income and liquidity goals.

The Bloomberg Barclays Municipal Bond Index is considered representative of the broad market for investment grade, tax-exempt bonds with a maturity of at least one year.

You are now leaving the BMO Global Asset Management web site:

The link you have selected is located on another web site. Please click OK below to leave the BMO Global Asset Management site and proceed to the selected site. BMO Global Asset Management takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites.

Thank you for your interest in BMO Global Asset Management.

You are now leaving the BMO Global Asset Management web site:

The link you have selected is located on another web site. Please click OK below to leave the BMO Global Asset Management site and proceed to the selected site. BMO Global Asset Management takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites.

Thank you for your interest in BMO Global Asset Management.

You are now leaving the BMO Global Asset Management web site:

The link you have selected is located on another web site. Please click OK below to leave the BMO Global Asset Management site and proceed to the selected site. BMO Global Asset Management takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites.

Thank you for your interest in BMO Global Asset Management.

You are now leaving the BMO Global Asset Management web site:

The link you have selected is located on another web site. Please click OK below to leave the BMO Global Asset Management site and proceed to the selected site. BMO Global Asset Management takes no responsibility for the accuracy or factual correctness of any information posted to third party web sites.

Thank you for your interest in BMO Global Asset Management.