H&W in the Media
Municipal Bond Volume in May Outweighs Year-Ago Issuance
The perpetuation of historically low yields and strong demand continues to make refundings a popular option for issuers, according to Bill Walsh, president of New Jersey-based wealth manager Hennion & Walsh. “As long as both of those factors are there, you’re going to see these refundings,” he said. “The end-of-the-world mentality has waned. So, issuers are comfortable bringing [refunding] deals.”
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