As we approach the Federal Open Market Committee meeting and Consumer Price Index report, the municipal market remains relatively stable. Despite some fluctuations in U.S. Treasury yields and mixed performance in equities, experts like Vikram Rai from Wells Fargo are noting a downward adjustment in market expectations for Fed cuts since the beginning of the
Bonds
The municipal bond market showed little movement on Monday, contrasting with slight losses in the Treasury market and a positive performance in equities. This relative stability comes amidst a smaller calendar of new issuances and economic uncertainty as the Federal Open Market Committee (FOMC) meeting looms. The muni-to-Treasury ratios held steady, with the 30-year ratio