Investors are still recovering from the municipal market beatdown of 2022, but the current higher absolute yield levels provide an attractive “re-entry” point for municipal market investors.

Congressional wrangling over the Infrastructure Investment and Jobs Act and the Build Back Better Act has imposed a level of uncertainty on the municipal market as well – for both issuers and investors. It would be most prudent to move forward with IIJA on its own and follow up with Build Back Better separately. After all, they say “a bird in the hand ….”

How can financial advisors best help their clients navigate the ESG municipal bond world? The number one thing to do is to carefully LISTEN to their clients.