Municipals deliver strength ahead of seasonal shift
- Municipals posted marginally negative performance and lagged Treasuries in March.
- The transition back to net positive supply acted as a considerable drag throughout the month.
- Continued seasonal headwinds warrant patience and caution in April.
Municipal and Treasury yield movements
A message from Advisor Perspectives and VettaFi: To learn more about this and other topics, check out our most recent white papers.
